India's farm, marine exports to be hit by US trade action: exporters' body
5 March 2019 10:52 AM IST
'We fear that our labour-intensive exports of agriculture, marine and handicraft products to the US would be hit hard,' said Ajay Sahai.
The deliberations at the Conclave will be guided by long-term goals and objectives including encouraging Indian exporters to access the African countries and increase their presence in the region. (Representational Image)
New Delhi: India’s exports of farm, marine and handicraft products to the United States could be hit by the US plans to end a preferential trade treatment to the country in the next two months, an official at India’s main exporters’ body said on Tuesday.
“We fear that our labour-intensive exports of agriculture, marine and handicraft products to the US would be hit hard,” Ajay Sahai, director general of the Federation of Indian Export Organisations (FIEO), told Reuters.
US President Donald Trump on Monday said he intended to end India’s preferential trade treatment under a program that allows $5.6 billion worth of Indian exports to enter the United States duty free.
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