Turbulent Trade Talks: NITI Aayog's Withdrawn Agricultural Proposal Sparks Controversy
Jairam Ramesh claims that NITI Aayog has withdrawn a working paper on Indo-US agricultural trade relations, which suggested allowing duty-free import of genetically-modified crops from the US. The withdrawal, highlighted by Ramesh, demonstrates ongoing trade tension and negotiations between the US and India, particularly in agriculture.
- Country:
- India
NITI Aayog finds itself at the center of a storm after Congress leader Jairam Ramesh revealed that a working paper on Indo-US agricultural trade relations was withdrawn. The paper reportedly advocated allowing duty-free imports of GM maize and soyabean from the US.
Critics, including Ramesh, argue that such concessions could prioritize American farmer interests over local Indian farmers. The withdrawal of the paper has raised questions about possible Indo-US trade agreements.
As negotiations continue, the issue underscores the complexities of current trade talks with the US, where both countries seek beneficial trade agreements in agricultural and other sectors.
(With inputs from agencies.)
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