India will not offer any concessions or commitments regarding the import of ethanol from the US in the India-US trade discussions, the Indian Commerce Ministry said in a statement yesterday.
India mandates mixing 20 per cent ethanol with petrol. Government regulations allow the use of locally produced ethanol for mixing with petrol.
“Accordingly, any suggestion of a policy change to permit large-scale imports of fuel ethanol from the US is misleading,” the statement said.
Washington and New Delhi have been negotiating a bilateral trade agreement to expand market access and lower trade barriers as part of efforts to deepen economic ties. A US-India trade agreement could be signed within three to four months, a senior US official said last month.
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