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EFTA trade pact from Oct 1
Financial Express Chennai
|July 20, 2025
After a meeting of Trump and PM Narendra Modi had dwelt extensively on this trade.
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STATEMENT ON February 13 The statement had talked of both governments redoubling efforts to address export controls, enhance high technology commerce, and reduce barriers to technology transfer between the two countries, while addressing technology security.
Apart from lower additional tariffs, India is also seeking to maintain adequate safeguards for its farm sector as the US pushes for greater access in the agriculture market. Along with duty cuts in the farm sector, the US also wants India to allow entry of genetically modified agricultural products in India. It also wants India to lower duties on automobiles and buy more energy products.
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