What is the Exclusion List? How is it different from the Negative List?

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Exclusion List or Negative List is a list of all items on which no tariff concessions/ any other form of barrier reduction have been offered by individual Parties. The India-ASEAN Trade in goods agreement uses the term EL (Exclusion List) which in common parlance is referred to as Negative List. International Trade Law includes the… Read more »