Govt Says India-UAE FTA Impact On Gold Imports Negligible, Under 1 Tonne Via Tariff Quota
Commerce Secretary downplays concerns over India-UAE CEPA, noting less than one tonne of gold entered via the tariff quota. UAE inflows have offset declines from Switzerland. April 2026 gold imports rose to $5.63 billion from $3.1 billion a year earlier, driven by higher prices rather than volume increases.
Commerce Secretary downplays concerns over India-UAE CEPA, noting less than one tonne of gold entered via the tariff quota. UAE inflows have offset declines fro
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