Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
20 JUNE 2020 AL CIRCLE

US desire to restore duty benefits to Indian exporters, sun-ray for Indian Aluminium Industry

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

The US has shown a desire to restore the duty benefits to Indian exporters under its Generalised System of Preferences if it receives a competent counter-offer from the Government of India.

US desires to change duty on Indian imports

{alcircleadd}

The officials of the Ministry of Commerce were closed-lipped on the kind of quid-pro-quo concession India Government would offer. However, they said the removal of the GSP benefits had a marginal impact on Indian exporters.

The US-India relationship will stand stronger than before as the restoration of the benefits will be an added value.

Robert Lighthizer, US Trade Representative, communicated to the US Senate Finance Committee:  “We are in negotiations with India, we took away their GSP, and we’re in the process of restoring it if we can get an adequate counterbalancing proposal from them.”

Report on Energy Consumption in Aluminium smelting and Changing Technologies towards Gas emission

Lighthizer also said. “Till now, we haven’t done that. But this is something that we’re actively negotiating right now,”

There are strong indications that the US could lower tariffs on aluminium and India could reciprocate by abolishing the retaliatory tariff it imposed on apples and almonds. It could offer some concession on high-end mobiles and relief on duties imposed on Harley Davidson bikes.

 


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : RUPANKAR MAJUMDER 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.