Home / Knowledge / News / Industry to comment on items in 'Sensitive List' in FTAs with EU & EFTA
Industry to comment on items in 'Sensitive List' in FTAs with EU & EFTA
03
Jun '09
In a bid to capture the views of Indian industry to strengthen India's negotiating position for concluding Free Trade Agreements with the EU and EFTA countries, the Commerce Ministry has circulated a 'sensitive list' of items of trade, tariff line-wise, to enable the domestic producers to give detailed responses on their concerns over tariff, non tariff, and regulations.

Addressing a 'Stakeholders' Consultation on India's FTAs with EU and EFTA countries', organized by FICCI, Ministry of Commerce and Industry, UNCTAD and Centre for WTO Studies in the Department of Commerce, Mr. Neeraj Kumar Gupta, Joint Secretary, Ministry of Commerce and Industry said, the exercise would enable the government to achieve tangible results in the final FTA between India and the countries of EU and EFTA.

Mr. Gupta underlined the need for identifying the 'must' items in the 'sensitive list' and those items that industry felt would be 'desirable' to retain in the list.

He said, the FTA negotiations had reached a stage where India would have to share with the EU and EFTA the 'sensitive list' where it would not reduce tariffs because of domestic industry's concerns. India would also have to come up with a list of other items where import tariffs would be brought down to zero in a phased manner.

In today's meeting, industry was urged to give detailed responses to a questionnaire prepared by UNCTAD and pinpoint whether the tentative list of items identified were to be deemed as sensitive. Industry was also asked to identify the items to be removed from the list backed by adequate reasons and statistics; items that could be substituted by other items and those that could be included in the tentative 'sensitive list'.

While the Commerce Ministry is keen to finalize the list by June 25, industry has sought time up to June 15 to give a comprehensive assessment of the issues at hand.

Federation of Indian Chambers of Commerce and Industry


Must ReadView All

Textiles | On 23rd Aug 2017

US govt initiates Section 301 investigation of China

The US government has initiated an investigation of China under...

Apparel/Garments | On 23rd Aug 2017

BRC welcomes clarity on goods flow during Brexit

British Retail Consortium (BRC) has welcomed the greater clarity that ...

Textiles | On 23rd Aug 2017

Pakistan minister seeks ideas to boost textile sector

The Pakistani Government will come out with short- and long-term...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search