Global Trade & Exports
Weekly Roundup
Weekly Brief — Global Trade & Exports
India-EU FTA Implementation and RoDTEP Alignment Lead Trade Agenda
This report covers Trade Policy, export incentives, customs duty, and FTAs from May 18, 2026, to May 25, 2026. Key findings include the finalization of India-EU FTA implementation steps, a massive realignment of the RoDTEP export incentive schedule, and the setting of a $1 trillion annual export target.
Key Statistics
| $1 Trillion | 142 Lines | Rs. 10/Litre |
|---|---|---|
| Annual Export Target for 2026-27 | RoDTEP Tariff Lines Added | Excise Duty Cut on Petrol/Diesel |
Weekly Executive Summary
- The Ministry of Commerce and Industry finalized the alignment of the Remission of Duties and Taxes on Exported Products (RoDTEP) schedule with the 2026 Customs Tariff changes.
- Prime Minister Narendra Modi and European leaders emphasized the "early implementation" of the recently concluded India-EU Free Trade Agreement (FTA) to boost maritime and digital trade.
- The Central Board of Indirect Taxes and Customs (CBIC) standardized "Entry Inward" and "Vessel Sail-out" clearances to reduce logistics turnaround times at Indian ports.
Deep Dive: Key Developments
Alignment of RoDTEP Schedule wi…
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