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India may step up scrutiny of imports from Chinese cos in Asean countries.
Jun 29, 2020

India is looking to increase the scrutiny of imports from Chinese companies or entities located in Association of Southeast Asian Nations (Asean) countries, said people with knowledge of the matter. New Delhi has information about China setting up new entities or acquiring defunct companies in countries such as Vietnam and using these shell enterprises to re-label and export goods to India, exploiting India’s free trade agreement (FTA) with Asean.
 
The government has also sounded out industry and importers to identify such shipments that abuse the FTA as it contemplates actions such as enhanced checks on country of origin certificates by customs authorities. The FTA with Asean allows lower tariffs on most manufactured goods. 'There are large quantities of imports that are being routed under the Indian-Asean, India-Singapore Free Trade Agreement,' said a government official.
    

The Economic Times

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