BR100 Decreased By (-0.58%)
BR30 Decreased By (-1.08%)
KSE100 Decreased By (-0.49%)
KSE30 Decreased By (-0.46%)
AGHA 6.71 Increased By ▲ 0.03 (0.45%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 56.70 Decreased By ▼ -0.62 (-1.08%)
BOP 30.13 Decreased By ▼ -0.22 (-0.72%)
CNERGY 12.99 Decreased By ▼ -0.13 (-0.99%)
CSIL 5.35 Decreased By ▼ -0.06 (-1.11%)
FCCL 52.29 Decreased By ▼ -0.50 (-0.95%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.12 Increased By ▲ 0.03 (0.49%)
KOSM 6.11 Increased By ▲ 0.38 (6.63%)
LOTCHEM 26.30 Decreased By ▼ -0.16 (-0.6%)
MLCF 91.58 Decreased By ▼ -1.58 (-1.7%)
NBP 164.00 Decreased By ▼ -0.66 (-0.4%)
NCPL 53.79 Decreased By ▼ -1.87 (-3.36%)
NPL 59.00 Decreased By ▼ -2.16 (-3.53%)
OGDC 314.50 Decreased By ▼ -2.23 (-0.7%)
PACE 9.89 Increased By ▲ 0.02 (0.2%)
PAEL 35.18 Decreased By ▼ -0.45 (-1.26%)
PIBTL 14.70 Increased By ▲ 0.02 (0.14%)
PPL 222.60 Decreased By ▼ -4.31 (-1.9%)
PRL 91.35 Decreased By ▼ -1.67 (-1.8%)
PTC 59.44 Decreased By ▼ -0.82 (-1.36%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.59 Decreased By ▼ -0.21 (-2.69%)
TPL 22.09 Decreased By ▼ -0.26 (-1.16%)
TPLP 12.70 Decreased By ▼ -0.27 (-2.08%)
TREET 21.81 Decreased By ▼ -0.35 (-1.58%)
TRG 56.60 Increased By ▲ 0.04 (0.07%)
World

India announces reforms to simplify import checks as it eyes US trade deal

  • India hopes will bring relief from a 50% tariff imposed by President Donald Trump
Published Updated
By

NEW DELHI: India announced on Wednesday reforms to cut red tape and simplify its import quality checks, addressing a concern raised by the U.S. over what it described as the South Asian country’s “burdensome” import-quality requirements.

New Delhi and Washington have been working to thrash out a trade agreement, which India hopes will bring relief from a 50% tariff imposed by President Donald Trump on some of its main exports as punishment for its Russian oil purchases.

The reforms on import checks include reduced paperwork, shorter timelines, and fewer inspections for quality approvals, the trade ministry said in a statement.

India cautious on trade deals, says US pact ‘very near’

“The reforms aim to accelerate processes, reduce turnaround times, and leverage technology-driven systems to make quality assurance faster, more transparent, and more accessible for enterprises, institutions, and citizens,” said Jaxay Shah, the chairman of the Quality Council of India.

Comments

Comments are closed for this article.