FICCI pushes for FTA with US sans agriculture - Hindu

Washington (IANS): The Federation of Indian Chambers of Commerce and Industry (FICCI) is pushing for a Free Trade Agreement (FTA) with the United States without agriculture to bypass differences over farm subsidies.

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"If there is a political will on both sides this is a doable proposition," FICCI president Harsh Pati Singhania said noting that it would take time to bridge differences on such contentious issue posing a hurdle in the way of a comprehensive detailed agreement. "So I think it's better that we focus on trying to carve out or pick out some areas," he said expressing the hope that when US Secretary of State Hillary Clinton visits India next month, there should be a "tangible outcome to take Indo- US relations to a higher trajectory and to achieve some results which are definitive." Briefing newspersons on the visit of a FICCI delegation along with a delegation of parliamentarians, Singhania said the business, lawmakers and officials were working in concert to "create the atmospherics for something tangible to come out of the Clinton visit." There were instances of FTAs excluding certain subjects signed by US, he said pointing to North America Free Trade Agreement (NAFTA) among Mexico, US and Canada without agriculture because Canada objected to including agricultue. Similarly the FTA with Australia sugar left out sugar.

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