India takes over as President of SAARC Chamber

After a gap of 12 years, India has assumed the Presidency of the SAARC Chamber of Commerce and Industry. The Minister congratulated Mr. Vikramjit Singh Sahney who has taken over as President of the SAARC Chamber of Commerce and Industry.

In the Male Summit, India has reduced its Sensitive List for the Least Developed Countries of SAARC from 480 to 25 items and zero custom duty access for the SAARC LDCs. This regime now covers 99.7% of our total tariff lines and all items of export interest to LDCs are covered under this regime.