Anupriya Singh Patel. File. | | Photo credit: PTI
Trade in goods, including passenger cars, is among the areas under negotiation for a proposed free trade agreement between India and the UK, parliament was informed on 9 December.
India and the UK have completed five rounds of negotiations towards a proposed free trade deal so far and the two sides are working towards an early end to the talks, Commerce Minister Anupriya Patel said in a statement. mentioned in the answer. Raja Sabha.
India and the UK are negotiating a Free Trade Agreement (FTA) from 13 January 2022.
Five rounds of negotiations have been held so far. The two sides are working together to end negotiations early, she said.
“Trade in commodities, including passenger cars, is one area under negotiation based on an overall package of benefits and benefits that takes into account the ambitions and sensitivities of both sides,” she said, adding that negotiations are currently underway. added that it was in..
Free trade agreements significantly reduce or eliminate tariffs on the largest number of goods traded between two countries. The British side is demanding tariff concessions in the automobile sector.
In response to another question, the minister said he had received a letter dated 8 September from the Chief Minister of Tamil Nadu requesting an immediate ban on the importation of single-use plastic cigarette lighters.
She also said the issue is being considered by the Ministry of Industry and Internal Trade Promotion in consultation with the Bureau of Standards of India to inform mandatory Indian standards for cigarette lighters.
“In addition, the Department of Revenue has been advised to check for illegal imports, underbilling and misdeclaration when importing single-use plastic cigarette lighters,” she said.
In response to another question, she said there is no shortage of potatoes and wheat in this country.
“In addition, imports of potatoes and wheat are negligible. As far as crude palm oil is concerned, India depends on imports to fill the gap between supply and demand, and tariffs on crude palm oil are affordable.” she said.
