Farmers outfit, civil society caution government against joining IPEF trade pillar

May 26, 2023

Raising concerns that India signing the pact would raise the cost of agricultural production, and lower the regulatory barriers to trade of genetically modified seeds, crops and food, they said: “We urge India to not join the trade pillar citing geo-political considerations and without analysing the full implications of the agreement”. They said that under the trade pillar of the pact, while India will not have to make direct tariff cuts, the IPEF will still extract commitments.

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