India Committed to Ratifying TFA, Says Commerce Following Dialogue
The Indian government is committed to ratifying the World Trade Organization Trade Facilitation Agreement, the Commerce Department said in a memo (here) following the U.S.-India Strategic and Commercial Dialogue on Sept. 22 in Washington. India blocked the initial implementation steps…
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for the TFA in 2014 over a subsidy disagreement with the U.S. (see 1411130027). Leaders of the Ways and Means and Finance Committees expressed skepticism over India’s willingness to move forward with the pact in a letter sent to administration officials in the days leading up to the summit (see 1509210016). The Commerce memo also said the U.S. and India plan to ramp up agriculture cooperation through a number of different forums. The strategic dialogue focuses on a range of non-trade-related topics, including infrastructure and transportation.