Difficulties lie ahead in getting India to negotiate trade in IPEF (Agri-Pulse)
Agri-Pulse published an article stating that the potential for increased trade with India is substantial, but the country has refused to commit to the trade pillar of the Indo-Pacific Economic Framework, leaving some in the U.S. ag sector pessimistic about changing the country’s direction. India is the only nation of 14 in the Indo-Pacific Economic Framework to refuse to join in the trade section of the pact, but U.S. Trade Representative Katherine Tai says she’ll be working to change that. When it comes to joining international trade pacts, India moves very slowly, said Joseph Glauber, a senior research fellow. The country notoriously pulled out of China’s Regional Comprehensive Economic Partnership, he said, and “maintains a defensive posture” in the WTO when it comes to issues like market access reform. “I think they’re moving very cautiously right now and I don’t see that changing any time soon,” Glauber added.