As the United States and India finalize an interim trade agreement reducing US tariffs on Indian goods to 18 percent, leaders from ruling parties have praised the move, citing benefits for India’s exporters, small industries, farmers, and workers.
NDA leaders highlight the significance of this deal following a recent landmark agreement with the European Union, emphasizing that it will enhance the competitiveness of Indian products globally and bolster the country’s economic growth. Union Minister Arjun Ram Meghwal expresses enthusiasm for the agreement, noting India’s active efforts to expand trade relations worldwide.
Union Education Minister Dharmendra Pradhan underscores India’s strong economic position and the rapid expansion of trade partnerships, anticipating significant benefits for Indian industries and businesses. Shiv Sena leader Shaina NC commends Prime Minister Narendra Modi for achieving a trade deal that aligns with India’s national interests and supports initiatives like ‘Make in India’.
Shiv Sena leader Sanjay Nirupam acknowledges the US administration’s decision to lower tariffs on Indian exports to 18 percent, attributing this outcome to India’s persistent efforts in trade negotiations. Rajya Sabha MP Harsh Vardhan Shringla views the interim deal as a strategic advantage for Indian stakeholders, particularly in comparison to the EU agreement.
Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya emphasizes that the agreement prioritizes India’s interests under Prime Minister Narendra Modi’s leadership, anticipating economic boosts from trade deals with the US, EU, UK, and other nations. BJP spokesperson Pratul Shah Deo lauds the reduced tariffs, foreseeing direct benefits for Indian exporters in the US market.
JD(U) national spokesperson Rajeev Ranjan Prasad highlights the protective nature of the trade framework, presenting a significant opportunity for Indian producers and exporters. Bihar Minister Dilip Kumar Jaiswal criticizes the Opposition’s response, emphasizing India’s efforts to strengthen its economic standing and security through trade agreements.
Congress MP Sukhdeo Bhagat raises concerns about the agreement’s implications on India’s strategic autonomy, questioning potential interference in decision-making processes. He criticizes Prime Minister Modi for what he perceives as a compromise on strategic independence in trade relations.
