7 months ago

SEA Urges India-EU Trade Pact to Include Forest Products

SEA Urges India-EU Trade Pact to Include Forest Products
SEA asks centre to include forest-based products in India-EU trade pact · thehindubusinessline.com

The Solvent Extractors’ Association of India (SEA) has asked the Indian government to include forest-based products in the upcoming trade deal with the European Union.

These products, like sal seeds and mango kernel, are collected by tribal people and are important for the Indian industry.

SEA believes that including these products in the trade deal will help create jobs, increase exports, and make the market more competitive.

They have provided a list of specific product codes that they want to be considered for tariff relief.

This would make it easier and cheaper to trade these products between India and the EU, benefiting both sides.

Key facts

Organization
Solvent Extractors’ Association of India (SEA)
Request
Include forest-based products in India-EU trade deal
Key Products
Sal seeds, mango kernel, kokum seeds, mowrah seeds, dhupa seeds
HSN Codes
15179090, 15159010, 15159040, 15159010, 15159091, 15179090, 15119090
Potential Beneficiaries
Tribal people and Indian industry
Expected Outcome
Increased exports, job creation, and economic cooperation
Negotiation Focus
Tariff relief on specified HSN codes

Quotes

Sanjeev Asthana

President of the Solvent Extractors’ Association of India (SEA)

“The final deal is supposed to be signed very soon excluding agriculture products, which is truly justified.”
thehindubusinessline.com
“These forestry products should not be included in the agriculture sector, and these forestry products should get the trade deal benefit as this is separate and a very vulnerable sector. These are not agricultural products but are collected from the forest by tribal people.”
thehindubusinessline.com

Sources

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