Key insights
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1
New Import Regulations: Importers must now obtain licenses for platinum jewellery.
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2
Previous Silver Restrictions: Similar curbs on silver jewellery were imposed in September.
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3
ASEAN Trade Agreement: Thailand is part of the ASEAN free trade agreement with India.
Takeaways
The import curbs on platinum jewellery reflect India's ongoing efforts to regulate trade and protect its domestic market, following similar actions on silver imports.
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