PAINT AND COATING SECTOR TO PROSPER FROM INDO-SOUTH KOREA TRADE DEAL
October 1st, 2009
BY KEITH NUTHALL
THE PAINT and coating industry should prosper from a comprehensive new India and South Korea trade deal. It reduces or abolishes import duties on a wide range of exports from both countries. A regards India, it has promised to phase out many import 12.5% duties over six years for paints and coatings, including enamels, varnishes, and dispersion paints; and over nine years for some other products such as prepared driers and some emulsion paints. South Korea has lower existing duties on India-made paint and coating products - largely 6.5% - but ...
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