Trade agreement
The Indian industry is concerned about the US plans to impose counter -charges and want to see the bilateral trade agreement to conclude as soon as possible. Sources said this on Wednesday. He said that talks for the proposed bilateral trade agreement are going well. He said, “Industry (BTA) is demanding to do it as soon as possible, otherwise they will suffer losses due to American retaliation. Everyone is writing to protect them from its possible effects. “A source said,” The industry is worried. A lot of jobs are at stake. ”Exporters say the exemption by the US to India from retaliation will help in furthering the uninterrupted bilateral trade between the two countries.
Vehicle fees will be implemented soon
He said that any fee on Indian products will damage the consignment going to the US. According to reports, US President Donald Trump has said that the vehicle fee will be implemented soon, while he indicated that some countries may get exemption from the counter -fee to be imposed on April 2. The federation of Indian export organizations (Fio) has said that India is definitely entitled to retaliation as it is creatively associated with the US at a bilateral trade agreement and the US at various levels. Fio Director General Ajay Sahai said that the mission of carrying bilateral trade from the current level of $ 200 billion to $ 500 billion requires more efforts for the uninterrupted trade, which will help further.
Uncertainties will be overcome
Another exporter said that India will remove the fees from exemption and help in increasing exports to the US. The US has already imposed high fees on China. However, the Research Institute Global Trade Research Initiative (GTRI) said that it is rarely likely that India will be exempted from the Trump era fee, especially after the US President calls India a country of ‘high charges’, it is less likely.
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