India to slash tariffs on cars to 40% in trade deal with EU
India plans to cut tariffs on EU car imports to 40% from up to 110%, signaling the broadest market access yet as negotiators near a broader free-trade pact. The deal could be announced as early as Tuesday, marking a significant milestone in India-EU economic ties. source http://www.adaderana.lk/news.php?nid=117607