“All exporters have spoken of these trade agreements at the meeting, in particular with the United States and the EU. Everyone was inquiring about the progress of talks with the United States,” said an industry official.
The minister said the talks were underway for the first phase of the bilateral trade agreement with the United States.
The national industry and exporters have previously expressed its concerns that if the United States continues with its high prices on Indian products after July 9, this will have an impact on their margins.
They are also worried about the United States high tasks on steel and aluminum products, as this could affect India engineering exports to America, which is one of the largest markets for them.
During the meeting, the Minister of Commerce asked the industry to share problems, if they are confronted with one, in an increasing use of the FTA, so far signed and implemented by India. India has implemented these agreements with countries, including Australia, the United Arab Emirates, Japan, Korea, Asean and the bill on the special economic zone).
India has hardened its position on agricultural issues, negotiations with the American team from Washington entered a crucial step, an official said on Monday.
“The export community is impatiently awaiting the conclusion and implementation of the actual implementation of commercial pacts with the United States and the EU, and AFF with the United Kingdom and Latin America to ensure market access, so essential for the planning of growth led by export,” said another exporter.
They also asked the ministry to announce to accelerate the export promotion mission (EPM), announced in the Union 2025-26 budget.
Almost four months have passed and there is not yet a launching or formal implementation roadmap.
During the meeting, sessions in small groups also took place with officials from the Ministry of Commerce, the Department of Revenues and Commerce members.
Representatives of the promotion advice for exports and associations of the industry in various sectors such as textiles, clothing, engineering, gems and jewelry, medical devices, the service sector, the Federation of Indian Exports Organizations (FIEO), AYUSH, Leather, Assocham participated in the meeting.