Proposed India-US BTA: US may ask for more access to agri products, ethanol

"The US will ask for major concessions in dairy and agri products, ethanol and removal of price control on medical devices.'' a former senior commerce ministry official said

The United States (US) is likely to ask India for substantial market access in agriculture and dairy products, ethanol, and medical devices under the proposed bilateral trade agreement (BTA) that both countries have agreed to conclude in the next eight months.

 

“The US will ask for major concessions in dairy and agri products, ethanol, and removal of price control on medical devices. They will not be satisfied with the limited tariff cuts in motorcycles and bourbon whiskey. We should ask the US to bring down duty on labour-intensive products such as textiles, leather and gems and jewellery from 5-7 per