Don't see any trade deal with the US in near future, says RSS affiliate

Image
ANI General News
Last Updated : Feb 24 2020 | 5:25 PM IST

New Delhi [India], Feb 24 (ANI): The Rashtriya Swayamsewak Sangh-affiliate Swadeshi Jagran Manch national co-convenor Ashwani Mahajan while calling the US President Donald Trump an important ally of India claimed that the much-anticipated trade deal with the US may not see the light of the day even in near future.

Mahajan said there are so many unresolved issues with the US on the trade front that any trade agreement seems to be a remote possibility.

While welcoming Trump to India, SJM co-convenor said, "We welcome Trump in our country. I don't think there is going to be any trade deal per se as has been talked about in the past."

"There are so many issues regarding dairy, agriculture, medical equipment and IPR. There are previous concerns as well. For the past so many years these issues are pending and I don't think in the near future there can be any trade deal with the US," he added.

He stated that India had learnt to live without being beneficiary of the Generalised System of Preferences which is a unilateral and now reciprocal benefit scheme extended by the US to various countries.

"The US has got no legitimacy to discuss the GSP as it was a unilateral decision on concessions available to India and was withdrawn for India, " stated Mahajan.

Acknowledging that the US is vital to maintain a balance as China too is a strong player, Mahajan said that India is dictating terms from a strong position.

"We find that the US is saying that India is not falling in line with its line on the trade deals. There may be defence deals and the purchase of equipment is decided by the government on the basis of requirements. On trade deal part, from RCEP days to date, Indian govt is taking a tough stand," he added.

While President Trump has made a commitment to fight Islamic terrorism, India too is hopeful of containing terrorism. "India and the US have been a victim of terrorism. Coming together of both countries is bad news for terrorists and good new for peace lovers, " stated Mahajan.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 24 2020 | 5:19 PM IST

Next Story