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The EU is keen to strike a trade deal with India, and Renault wants to capitalise on the country’s growing middle-income consumer segment. By Will Girling
A free trade agreement (FTA) between the EU and India could be secured as early as 27 January. Anonymous sources told Reuters that vehicles from the bloc priced at more than €15,000 (US$17,793) will see import tariffs lowered to 40%, a 70pt reduction from the maximum rate today.
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