Kumar Bahukhandi
India is getting preferential market access to about 87 per cent tariff lines or product categories of agri goods such as tea, coffee, spices, and table grapes.
Indian govt’s decision is important as it involves livelihood of small and marginal farmers.
New Delhi : India has fully protected its sensitive sectors such as dairy, rice, wheat, pulses, tea, and coffee by not granting any import duty concessions to the European Union (EU) under the bilateral free trade agreement, according to the commerce ministry. The country has also safeguarded sensitive sectors, including beef and poultry, fish and seafood, cheese, maize, corn, fruits and vegetables, nuts, edible oils, spices and tobacco, the ministry said.
The move is important as it involves livelihood of small and marginal farmers.
India has never granted duty benefits in the dairy sector in any of its previous free trade agreements (FTAs).
“We will always protect this segment,” an official said.
India and the EU concluded negotiations for the FTA on Tuesday. It is likely to be signed and implemented this year only.
The EU, too, has excluded certain sectors from the ambit of this pact.
The 27-nation bloc is safeguarding items such as meat and meat offal, dairy products, honey, rice, sugar, and tobacco.
As per the agreement, several Indian agricultural goods will get duty concessions in the EU markets, which will help boost the country’s exports.
India is getting preferential market access to about 87 per cent tariff lines or product categories of agri goods such as tea, coffee, spices, and table grapes.
( Source : PTI )
