Digital Services Likely Part Of Interim Trade Deal With US

Agriculture sector expected to get MIP, quota protection

- Mukesh Jagota

INDIA WILL SEEK adequate safeguards for its sensitive agriculture sector, and seek complete removal of the reciprocal tariffs in the interim mini trade agreement with the US, which both sides are trying to conclude by July 8, a senior official said on Wednesday.

"Talks are moving positively. Before July 8, we are looking at concluding an interim deal before the first tranche. It will include goods, non-tariff barriers, some areas of services, like digital services," the official said.

The protection to the agriculture and sensitive sectors may come in the form of a Minimum Import Prices (MIP) for specific products or quota on imports, the official said.