Mca Agreement Meaning

The U.S. Trump Administration Office proposed the USMCA, citing new digital trade measures, stronger trade secret protections and adjustments to rules of origin for motor vehicles as some of the benefits of the trade deal. [112] From time to time, the Indian government has set up several committees to oversee the development of concession agreements. The B.K. Chaturvedi Committee was established in 2009 to address procedural obstacles to the National Highway Development Project (NHDP). In its report, the Committee recommended several amendments to the CSA. It supported the removal of the termination clause and proposed to extend the concession period if the concessionaire continues to strengthen the facility. .

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