Delays in India-UAE Gold Import Quotas Leave Dubai Exporters Stranded and Spark Smuggling Concerns
Delays in allocating preferential tariff rate quotas (TRQs) for gold imports under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) have left Dubai-based bullion exporters in uncertainty, disrupting legitimate precious metal trade corridors between the two countries. Under the bilateral trade pact, designated Indian importers are entitled to import fixed quantities of gold from the UAE…
