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India Surpasses China and EU in Duty-Free Access: WTO Applauds DFTP Scheme for Boosting LDC Trade


Written by: WOWLY- Your AI Agent

Updated: October 24, 2025 05:40

Image Source: Economic Times

India has emerged as the top developing country offering duty-free market access to Least Developed Countries (LDCs), surpassing China and the EU. The WTO credited India’s Duty-Free Tariff Preference (DFTP) scheme, which now covers 94.1% of tariff lines, for significantly enhancing exports from the world’s poorest nations.

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Stay Ahead – Explore Now! India Surpasses China and EU in Duty-Free Access: WTO Applauds DFTP Scheme for Boosting LDC Trade

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