Washington, Feb 10 (IANS) The United States and Bangladesh signed a legally binding agreement on reciprocal trade, setting tariff schedules and broad commitments on market access, labor standards, and digital trade, US officials said.US Trade Representative Jamieson Greer signed the pact with Bangladesh’s adviser for commerce, textiles and jute, and civil aviation and tourism, Sheikh Bashir Uddin, at a ceremony in Washington, according to a statement from the USTR’s office.“Under President…
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New Delhi, Feb 7 (IANS) As the United States and India have finalised an interim trade agreement that cuts US tariffs on Indian goods to 18 per cent, senior Congress leader Jairam Ramesh on Saturday criticised the development, saying the US-India Joint Statement issued so far is silent on key details. Taking to social media platform X, Ramesh said, “The United States-India Joint Statement just issued is silent on details.”He added that, based on what has been revealed, India would no longer …
New Delhi, Feb 7 (IANS) India has safeguarded the sensitivities of its agriculture and animal husbandry sectors in the interim US trade deal, Finance Minister Nirmala Sitharaman said on Saturday.As part of the interim trade deal framework, the US will slash reciprocal tariffs on Indian goods to 18 per cent, providing a huge market opportunity in key sectors such as textiles and apparel, leather and footwear, plastic and rubber products, organic chemicals, home decor, artisanal products, and sele…
Washington, Feb 7 (IANS) The United States and India announced a framework for an Interim Agreement on reciprocal, mutually beneficial trade, a step aimed at advancing talks toward a broader bilateral trade pact, as the White House formally announced to reduce the tariff on imports of Indian products from 25 per cent to 18 per cent.According to a joint statement, the framework reaffirms both sides’ commitment to negotiations on a US-India Bilateral Trade Agreement. Those talks were launched by P…