US poised to gain most from India’s raw cotton import duty waiver: GTRI
The United States (US) will emerge as the biggest beneficiary of the complete waiver of customs duty and Agriculture Infrastructure and Development Cess (AIDC) on the import of raw cotton, which was announced by the Centre this month, according to the Global Trade Research Initiative (GTRI). “Under the India-Australia ECTA, 51,000 MT of such cotton…