Due to unfair trade relations, the administration of the U.S. is going to have a meeting with India. The ongoing talks regarding this meet have already caught fire.
For this upcoming gathering, the Trump’s administration has already made a list of points that are going to be put forth by them. The various issues resulted from unfair trade practices are going to be dealt with in this meeting.
The administration has planned to have a talk on the issues in the trade sector like agriculture, fisheries, digital trade, export subsidies, bilateral market, and also on WTO norms.
The U.S. administration is going to put forth issues related to the agriculture sector. It feels the need to revise some norms regarding this sector. The administration feels that the agricultural and food exports are facing unfair barriers in the Indian market.
It wants the market to open for pork and reopen for poultry exports. Earlier, the Indian market put a ban on these products like eggs, meat, pigs due to influenza. The U.S. administration challenged this decision filing a complaint with WTO that the ban is not due to the risk against flu but India has discriminated against the U.S. exports and prefer only Indian ones.
In terms of the fishing sector, the U.S. wants India to sign an agreement regarding subsidies for transparency. It wants to prohibit subsidy due to illegal fishing practices.
India has imposed tariffs on some telecommunication products earlier. This decision is opposed by the U.S. and to solve this matter, it wants to endorse a new plan for digital trade.
The administration is also not happy with medical and other high-technology market exports and seeks to improve this.
It plans to end all subsidies with India in every sector due to the result of India’s increasing per capita Gross National Product over $1,000 from the last three years.
The meeting is due on September 6, where Sushma Swaraj, the minister of External Affairs and Nirmala Sitharaman, the Defence Minister of India are going to have a word with the U.S. Secretary of State as well as Defence, Michael R. Pompeo and James Mattis respectively. The meeting is set to improve the trade relationships between these two countries.