Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Indo-US trade ties need to be more ambitious: Ambassador Garcetti.
Sep 27, 2023
The United States wants to increase agriculture exports to India and help in the dairy sector, said Ambassador Eric Garcetti on Tuesday as he called for a 'more ambitious' bilateral trade partnership.
India’s productivity in dairy has levelled off and American companies can help, he said at the 20th Indo-US Economic Summit organised by the Indo-American Chamber of Commerce. US exports would involve the sale of feed grains to India.
A trade deal between the two countries has stalled after talks on USA’s demand that India procure its dairy products.
'The goal that we should be setting for each other is how we can be more ambitious. Not just settle for another deal. Not just settle, as we have done in the last few months, for bringing down the retaliatory tariffs and trade disputes between our countries. That’s not good enough,' said Garcetti.
India is reluctant to open its market to foreign agriculture products as a large share of its workforce is dependent on farming. Garcetti's comments assume significance as India and the US have solved some disputes over tariffs and market access.
Last year, India agreed to allow the import of pork and pork products from the US as a part of a bilateral trade deal which will facilitate exports of Indian mangoes and pomegranates. Earlier this year, India lifted retaliatory tariffs on US apples, chickpeas, lentils, almonds and walnuts.
India agreed last week to bring down the import duty to 5-10 per cent on some fresh and processed food items as part of a larger dispute settlement between New Delhi and Washington at the World Trade Organization (WTO). Duties will be reduced on import of frozen turkey and duck, as well as blueberries, and cranberries.
Garcetti said the need is to do away with 'even the smallest of friction between the two countries in terms of trade', reduce tariffs further and create a predictable regulatory environment.
India, as of 2022, was the thirteenth largest destination for $200 billion worth of US agriculture exports, according to the US Department of Agriculture (USDA). Of the $2.2 billion worth of US agriculture exports to India, almonds made up for almost half ($1 billion), followed by cotton ($494 million), and ethanol ($211 million), the USDA said in a report last year.
India was the largest export destination for US soybean oil, the second-largest for tree nuts, and the fourth-largest for ethanol. The US is India’s fifth-largest supplier of agricultural goods, representing 6 percent of the total import market, behind Indonesia, Malaysia, Argentina, and Brazil.
The US is willing to explore ways to get Indian food pre-approved for its market and vice versa by aligning standards, Garcetti said. Robert M Califf, the United States Food and Drug Administration (USFDA) commissioner, led a delegation to India last week for discussions.
India has the highest number of USFDA approved pharmaceutical plants outside the US, more than 665.
business-standard.com
Archive