New Delhi: The Centre will shortly tap various ministries for inputs on tariff and policy tweaks to enhance market access for American goods and services ahead of upcoming trade talks with the US, four people aware of the plans said. The changes will aim to support US companies, educational institutions, and research in sectors such as space, agriculture, pharmaceuticals and high-value manufacturing.
The commerce ministry, which will steer negotiations for the India-US Bilateral Trade Agreement (BTA), will soon send out a checklist to the ministries of defence, electronics and information technology, consumer affairs, agriculture, education, mines, steel, heavy industries, science and technology, and labour, the people cited above said on the condition of anonymity. The exercise aims to align New Delhi's tariffs better with the US duty structure, they said.
Unlock Premium Insights in This Article
Take your experience further with Mint Premium- access thought-provoking opinions, expert analysis and in-depth insights
Subscribe now Already subscribed? Login
Premium benefits
30+ articles from print edition and premium publication daily
Present across social media apps to keep you updated
In-depth Market Reports from leading experts
Most loved Mint podcasts on 35+ topics
Sharp insights supported by simple data and visuals
Unlock 30+ well researched
and bias free premium articles daily
Access to global insights with
100+ exclusive articles from
international publications
Get complimentary access to
3+ investment based apps
TRENDLYNE Get One Month GuruQ plan at Rs 1
FINOLOGY Free finology subscription for 1 month.
SMALLCASE 20% off on all smallcases
5+ subscriber only newsletters
specially curated by the experts
Free access to e-paper and
WhatsApp updates
Not convinced yet?
Share your contact details and
we will get in touch with you…
= 48 && event.charCode Confirm
Thanks for sharing your number