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News Topical, Digital Desk : The US has revised the factsheet for its recent trade deal with India, removing mention of pulses and changing the wording of the $500 billion purchase commitment, among other things.
The two countries announced a trade deal last week, following which the White House released a factsheet on Tuesday. In it, the White House said India will eliminate or reduce tariffs on all US industrial goods and a range of US food and agricultural products, including dried distillers grains (DDGs), red sorghum, tree nuts, fresh and processed fruits, some pulses, soybean oil, wine and spirits, and other products.
What changes were made?
The updated factsheet no longer mentions pulses. Another change was made to a fact sheet about India's proposed purchase of goods from the United States. The previous text stated that India was "committed" to purchasing $500 billion worth of goods from the country. This has now been changed to "intends."
Earlier, it said, “India has pledged to buy more American products and purchase more than $500 billion worth of US energy, information and communications technology, agriculture, coal and other products.”
However, the amendment has now removed the mention of agricultural goods. It now reads, “India wants to buy more American products and intends to purchase more than $500 billion worth of US energy, information and communications technology, coal, and other products.”
Apart from this, the text related to India's removal of digital service tax was also removed from the updated White House factsheet .
"India will eliminate its digital services tax and is committed to negotiating strong bilateral digital trade rules that remove discriminatory or burdensome practices and other barriers to digital trade, including rules prohibiting the imposition of customs duties on electronic transmissions," it had previously said.
It now says, "India is committed to negotiating strong bilateral digital trade rules that address discriminatory or burdensome practices and other barriers to digital trade."
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