New Delhi, Feb. 3 -- Indian rice exporters have welcomed indications of a possible reduction in US tariffs on Indian goods to 18 per cent, saying the move could significantly improve competitiveness and boost shipments to the American market.
The Indian Rice Exporters Federation (IREF), through its National President Dr Prem Garg, said the trade is optimistic following signals that the tariff may be lowered from the earlier 25 per cent level. He said the industry also expects that the additional penalty linked to India's purchase of Russian oil may be waived.
Published by HT Digital Content Services with permission from United News of India....