INDIAN AND SOUTH KOREA AUTO EXECUTIVES STUDY NEW TRADE DEAL FOR ADVANTAGE

BY RAGHAVENDRA VERMA and KARRYN MILLER AUTOMOBILE executives in South Korea and India are busy analysing the detail of a freshly inked Comprehensive Economic Partnership Agreement (CEPA) between the South Korean and Indian governments. The initial impact remains unclear but it is likely that early beneficiaries will be South Korean-owned auto plants in India who will be able to import some key parts more cheaply, because of some handy duty cuts. Speaking to wardsauto.com the Korea Automobile Manufacturers Association (KAMA) stressed that over the next eight ...


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