Trade watch: Govt tightens curbs on platinum jewellery; move targets FTA misuse

New import rules for platinum jewellery are now in effect. A license is required for these items until April 2026. This measure aims to prevent the misuse of free trade agreements, especially with ASEAN countries. The government is taking steps to ensure fair trade practices and curb tariff circumvention. Similar restrictions were previously placed on silver jewellery imports.