India-U.S. Trade Pact Excludes GM Crop Imports, Impacts Indian Farmers
The United States and India have released an interim framework for a trade deal aimed at lowering tariffs, reconfiguring energy ties, and deepening economic cooperation. This agreement, however, excludes the import of genetically modified (GM) agricultural products, addressing concerns from Indian farm groups about market access and food standards. The pact provides zero-tariff access to the U.S. market for certain Indian farm products, including bananas and mangoes. Additionally, India will allow imports of distillers dried grains with solubles (DDGS) from the U.S., which could benefit India's poultry sector by reducing feed costs. However, this move may negatively impact domestic oilseed processors and soybean farmers due to increased competition. The agreement also includes provisions for duty-free imports of soyoil and extra-long staple cotton under specific quotas, aiming to protect domestic producers.