Some farm products may get easier access to US
Some farm products from either side, such as Indian mangoes and pomegranates, may get easier access into the US while New Delhi will address American concerns over import of alfalfa hay.
Although India had clearly indicated to the US that it was willing to address several of its concerns, the emphatic mandate to Modi and detailed negotiations between Goyal and Lighthizer over the last three months helped the two countries recognise each other’s concerns and red lines better, sources said.
They said both governments are approaching the negotiations as part of their broader strategic partnership rather than through the sole prism of trade deficit.
“The US has been very helpful to us on a range of issues, like terrorism, J&K, membership to Nuclear Suppliers Group, and this has inevitably been a factor in our approach,” said a senior source on the condition of anonymity.
Despite the package, information technology and telecom goods, e-commerce and data privacy issues as well as some matters pertaining to intellectual property rights will be dealt with separately.
While India had offered to lower import duties on highend ICT products, the US authorities were unwilling to accept what was on the table.