Indian garment exporters hope for tariff-rate quota from the U.S.

Indian garment exporters are hoping for tariff-rate quota, which countries such as the Bangladesh have got, from Washington as India is also a major buyer of U.S. cotton.

Officials in a couple of textile and apparel export promotion councils told The Hindu on Wednesday that the Indian government is trying to negotiate with the U.S. for tariff concession for garments that are made with U.S. cotton and are exported to that country. “Bangladesh, Indonesia, and Malaysia will not be charged the additional 10% tariff by America for garments that have U.S. cotton. However, this is a quota-based concession and will not apply for all garments exported by Bangladesh to the U.S. Australia offers India similar concessions,” said one of the officials. Further, India is talking to the U.S. for a bilateral trade agreement too.