1. During the period under review, India continued its efforts to liberalize and facilitate trade,
such as through the introduction of self-assessment in customs procedures and the elimination of
state-trading requirements for some agricultural products. India also proceeded with further
structural reforms including by eliminating price controls on diesel and relaxing foreign direct
investment (FDI) restrictions in some sectors. Nonetheless, the tariff structure remains complex
and the simple average MFN tariff rate increased during the review period.