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    Data Story: The near term effect on revenue of FTAs is significant

    Government data shows that customs duty foregone on imports on account of FTAs amounts to a significant figure, which will hopefully be offset by higher exports, which at the net level is expected to benefit the economy

    Ravi Ananthanarayanan
    February 03, 2026 / 11:18 IST
    Since countries agree to lower duties under the FTA, customs revenue gets affected
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