New Delhi, Feb. 3 -- The India-US trade deal restores parity for Indian rice exports with key competing origins such as Thailand and Pakistan, giving a clear edge to Indian exporters in the US market, stated the Indian Rice Exporters Federation (IREF), reacting positively to the deal.

In an official statement, IREF stated that the reduction in tariffs from 50 per cent to 18 per cent would significantly ease the tariff burden on Indian rice. T

The Federation noted that this move would restore parity with competing nations such as Thailand and Pakistan, where rice exports are currently subject to tariffs of around 19 per cent.

Prem Garg, National President of IREF, said, "This is a meaningful positive for Indian rice exports at a time wh...