Sign In
Learn bits
I.R.
Komal gupta

08/01/22 12:25 PM IST

Source: PIB

The Indo US Trade and Commerce

In News

The Department of Agriculture and farmer welfare (DAC&FW) and the US Department of Agriculture signed an agreement for implementing the “2 Vs 2” Agri market access issues.

About the framework agreement:

  • The framework agreement on 2 Vs 2 Agri market access would emphasize issues related to inspection and transfer for Indian mangoes along with the market access for pomegranate arils from India and market access for US cherries and alfalfa hay.
  • This will promote the export of Indian agri-products easing access to the US market. 
  • It has been notified by the Department of Animal Husbandry and Dairying that it is ready to open up the market for US pork. 
  • This framework agreement will offer a possibility to restore India’s trade benefits under the Generalized System of Preferences (GSP) of the US. The same issue was raised in the US- India Trade Policy Forum.

More Related Current Affairs View All

21 Aug

Promotion and Regulation of Online Gaming Bill, 2025

'The Lok Sabha recently passed the Promotion and Regulation of Online Gaming Bill 2025.' The bill encourages e-sports and online social games while prohibiting harmful online mo

Read More

21 Aug

Union Home and Cooperation Minister Shri Amit Shah introduces the Constitution (One Hundred and Thirtieth Amendment) Bill, 2025

'Union Home Minister and Minister of Cooperation, Shri Amit Shah  introduced the Constitution (One Hundred and Thirtieth Amendment) Bill, 2025, the Union Territories (Amendmen

Read More

20 Aug

How should toll collection practices be reformed?

'The Public Accounts Committee (PAC) of Parliament has proposed major changes to toll collection on national highways, including a recommendation to end the practice of perpetual t

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps