What are the Rules of Origin under the India-ASEAN TIG Agreement?

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The products under the India-ASEAN TIG Agreement must meet the triple criteria of (i) tariff classification change (change in tariff sub-heading, CTSH), (ii) regional value addition i.e., the ASEAN-India Free Trade Agreement (AIFTA) content of not less than 35% of the Free on Board (FOB) value and (iii) substantial manufacturing/processing excluding minimal operations like repackaging,… Read more »