In a major gain for India, Singapore agreed to expand coverage of Indian nursing institutions by recognising seven nursing institutions in the MRA. This has paved way for our healthcare service providers to institutionally access markets abroad. It will further open up doors for India to enter into similar mutual recognition arrangements with other countries.
Both countries could reach a common understanding on various unresolved issues in the 2nd Review which were pending since 2010. In the review, India and Singapore agreed to expand the coverage of tariff concessions, liberalize the rules of origin and incorporate new Product Specific Rules (PSRs) to further enhance the trade between the two countries.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content