How well are we prepared as a country for the new common external regime that is expected to kick in on July 1? A commentary I did in these pages recently attracted a deluge of responses from manufacturers seeking updates on the latest developments and progress on the ongoing overhaul of the existing common external tariff.
Some of them enquired: Do you believe that these negotiations will be concluded ahead of the budget for the next financial year? The anxiety and sense of uncertainty is understandable. How do you plan when you don’t know what the intermediate goods you use will cost you next year?
