Tariffs Hinder India/LatAm Investment

Nov 18, 2010

Tariffs between LatAm and India are hindering trade, according to a study by the IDB. India represents only 1% of the region’s overall trade, compared to 10% with China. Reducing tariffs on Indian imports by just 10% would likely increase imports of Indian goods into Chile and Argentina by as much as 36%, the IDB says. India’s average tariff...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management