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Home / Business and Economy / India Opens Gates to US Feed, Nuts; Protects Dairy

India Opens Gates to US Feed, Nuts; Protects Dairy

8 Feb

•

Summary

  • India reduces tariffs on animal feed, tree nuts, and soybean oil.
  • Key Indian sectors like farm and dairy will be protected from US exports.
  • GM soybean and maize imports remain prohibited by India.
India Opens Gates to US Feed, Nuts; Protects Dairy

India has initiated a trade adjustment, agreeing to lower import tariffs on several key US agricultural products. These include animal feed, tree nuts, and soybean oil, signaling a partial opening of its market. This policy shift is strategically balanced, as India simultaneously commits to protecting its domestic farm and dairy sectors from US competition.

While certain imports will see reduced duties, India maintains stringent restrictions on others. Genetically modified soybean and maize will continue to be prohibited. This selective approach aims to foster trade benefits without compromising the integrity of India's agricultural economy. The move also presents an opportunity for India's seafood industry, its largest agricultural export to the US.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
India has agreed to lower tariffs on animal feed, tree nuts, and soybean oil from the US.
India's farm and dairy sectors will be protected from US exports.
No, genetically modified soybean and maize imports are still not allowed in India.

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