The American team led by Brendan Lynch, assistant to the US sales representative for South and Central Asia, was in Nový Dilli for personal bilateral interviews from June 4 to June 10. While half of the team returned, the rest in Nový Delhi searched for definitive obligations regarding the market access in sensitive areas, the above people said on condition of anonymity.
The interviews will continue to be practically in order to conclude the agreement.
India traditionally resisted opening these areas due to concerns about unregulated competition and social sensitivity. Indian negotiators are now undergoing political and economic complexity related to sectors vital for rural living and food safety, in the middle of a hardened American attitude.
“The negotiations are not as expected. The interviews were supposed to be two-way, as agreed. However, the American team meets as an offer of collection or Leave-it to open certain critical sectors,” said the first three people.
Q -mail by e -mail to the US spokesperson of the US Minister of Trade, Ustr and the US Embassy in Nový Delhi, along with the spokespersons of the trade ministries and external affairs remained unanswered.
Two -way road
Mint 21st April announced that Indian negotiators have explained that if the US does not change its animal feeding procedures-concrete use of not vegetarian feed for Scot-or-oriented will not accept Indian vegetarian certification process, American dairy products such as cheese and butter will not be allowed at the same time. At the same time, India would give its willingness to consider tariffs on certain nuts and fruits.
The binding of a bilateral trade agreement (BTA) until July 9 is decisive for stopping 10% of the universal tariff and another 16% of the country’s rates. According to the above -mentioned other person, the Indian party considers the US insistence as a violation of the joint statement of the 13th February issued by both leadership to negotiate mutually beneficial BTA in autumn 2025.
The US wants India to significantly reduce the obligations to American agricultural goods, dairy products and shrimp, as well as remarry barriers that are currently limiting US milk exports, all without offering considerable access to Indian goods, the officials said.
India still sees hope, with about a month left a 90 -day pause about Trump’s mutual tariff ends on July 8 to complete the first trancho of the agreement. “It is not that it cannot be done – it is possible because both countries are for it. In fact, India was the first country that was offered a business agreement. We try to make it and maintain a business dialogue on the right path,” the third person said.
However, this person denied that the change in geopolitical situations influenced the ongoing BTA interviews AC, the aim was to refer to the recent development, where the US as evidence successfully concluded a trade agreement with Great Britain and China.
For an open market
Last month, Niti’s Niti Document suggested that India open its wide range of American agricultural products, including rice, pepper, soy oil, shrimp, tea, coffee, dairy products and poultry under the BTA. However, these recommendations ignore the risks for Indian 700 million citizens dependent on the farm, according to the initiative of Global Trade Research Initiative (Gtri), Thinktank. The co -founder Ajay Srivastava called for a wider public consultation on these recommendations.
Meanwhile, Indian negotiators raised concerns about strict American sanitary and phytosanitic standards, drug regulations and provisions, such as the destruction of the entire shipment of fruit, unless even several units meet the prescribed standards. They are considered to be too hard and restrictive trade.
Currently India sets out a basic customs obligation £35 for kg on shell almonds, £100 on kg on almonds in shell, along with 10% agricultural infrastructure. Wolfs-in-inch and shells-the US imports from the USA disturb 100% of the obligation, while pistachios face 10% of the obligations calculated to the value, insurance and load (CIF).
In 2024, US exports of agricultural and allied products with India were almost $ 2 billion, including alcoholic beverages worth $ 452 million and $ 1.3 billion and vegetables worth $ 1.3 billion. For comparison, the total agricultural export of India to the US in FY24 was awarded at $ 2.12 billion.
Sharp asymmetry
Comparison of customs prices shows sharp asymmetry. India imposes an average tariff of 37.66% on American agriculture, meat, while American tariffs on Indian goods in the same category are only 5.29%. In the sector of chemicals and pharmaceutical jobs, US goods in India face 9.68% duty, while Indian products are subject to only 1.06% in the US.
Dairy products from the US attract a high obligation in India 28.42%, while Indian milk exports to the US face a minimum of 0.59% of the tariff. Similarly, American processed foods, sugar, cocoa and related preparations are subject to 29.66% in India compared to only 4.67% for Indian goods of the same categories in the US.
For cereals, vegetables, fruits and spices, exports of the US to India are taxed at an average rate of 8.82%, while Indian products in these categories face only 3.1% in the US. For drugs, US exports to India face 10.91% duty, while Indian pharmaceutical products balanced to the US attract a negligible 0.01% tariff.
After the British industry faced US tariffs of 25% for all aluminum, steel and derivatives (announced on March 12), 25% of car tariff (announced on April 3), 25% of automobile parts (from May 3) and 10% basic tariff for all imports (from April 5). (EPD) and EPD). The mini agreement provided some concessions for the United Kingdom, but 10% of the basic tariff continued.
(Tagstotranslate) bilateral business agreement
