Business

Commerce minister to meet export promotion councils on March 13

The Minister of Trade and Industry is scheduled to fulfill Joyl Joyal at Export Promotion Councils on March 13.

According to the sources, the meeting is part of the regular interactions by the minister on trade -related issues, but it is also possible that recent developments on American trade and tariff ads will be discussed.

“While the minister is regularly holding such meetings with export promotion councils, given the ongoing issues on mutual tariffs by the United States as well as the proposed bilateral trade agreement, it is possible that these issues will be discussed as well,” said familiar in development.

The minister has recently returned from a trip from the US Trade Represent (USTR) Jameson Jarir and US Trade Minister Howard Lootnick to start discussions on the proposed bilateral trade agreement. India has indicated its willingness to reduce the customs tariffs on several elements, but it is understood that the United States is interested in a more comprehensive commercial deal.

Earlier on Monday, Trade Minister Sunil Barthaal informed a parliamentary committee that negotiations with the United States are still under operation and no agreement has been reached on commercial definitions between the two countries until now. The local industry also showed a willingness to reduce import duties on the United States.

Meanwhile, US President Donald Trump announced that the United States will impose it on imports from other countries as of April 2.

RSS SWADisten Manch said that India should protect its national interest during these negotiations. The interests of farmers and young businessmen must be protected, and it has been confirmed.

After Prime Minister Narendra Modi’s meeting with US President Donald Trump, the two countries decided to deepen bilateral trade relations and double them to $ 500 billion by 2030 and negotiate the first phase of the bilateral trade agreement by the fall of 2025.

2025-03-11 09:05:00

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