New Delhi, Feb. 3 -- India has agreed to eliminate tariffs on industrial goods under the trade agreement with the United States, cutting average duties to zero from the current 13.5%, US Trade Representative Jamieson Greer has said, according to CNBC.
Speaking about the contours of the deal, Greer noted that India will maintain certain protections in the agricultural sector.
During an interaction with CNBC, Greer emphasized that the removal of non-tariff barriers forms a key portion of the agreement.
He told CNBC that the US would continue to work on access to certain protected areas of India's agriculture sector. He said India's tariffs for a variety of things like wine, spirits, tree nuts, vegetables, fruits "they're going down to ze...
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