Archives (PRELIMS Focus) India-U.S. Trade Deal Category: INTERNATIONAL Context: India and the U.S. are in the final stages of talks to conclude a limited trade agreement before the July 8, 2025, deadline. Key U.S. Demands Lower tariffs and non-tariff barriers on American exports—especially autos, medical devices, and agricultural goods (soy, corn, wheat, ethanol, apples). Market access for genetically modified (GM) crops. Better terms in sectors like aviation and energy. India’s Stance Protects sensitive sectors like agriculture and dairy to safeguard farmers’ interests and food security. Offers limited concessions: reduced tariffs on almonds, pistachios, and some defense/energy goods. Seeks rollback of U.S. tariffs on Indian steel and auto parts. Sticking Points Disagreement over tariffs on farm goods, steel, and auto components. U.S. wants immediate, broad access; India prefers a phased approach. Talks may need top-level intervention (Modi-Trump) to break the impasse. If No Deal by July 8 A 10% tariff on Indian goods could be reimposed. Likely limited impact, as exports have remained resilient. India is also strengthening trade ties with the EU and UK. Learning Corner: Bilateral Trade Between India and the USA Overview: India and the United States share a robust and growing trade relationship, marked by both strategic cooperation and occasional trade tensions. The U.S. is one of India’s largest trading partners, and India is a key market and strategic ally for the U.S. in the Indo-Pacific region. Key Facts (as of 2024 estimates): Total Bilateral Trade: Over $190 billion, making the U.S. India’s largest trading partner. India’s Exports to U.S.: ~$118 billion – Includes pharmaceuticals, textiles, IT services, gems & jewelry, auto parts. India’s Imports from U.S.: ~$72 billion – Includes crude oil, defense equipment, aircraft, agricultural products, and technology. Areas of Cooperation: Energy Trade: The U.S. is a key supplier of crude oil, LNG, and coal to India. Defense & Technology: Growing defense procurement (Apache, C-130, drones), and tech collaboration. Services & IT: U.S. is the largest market for India’s IT exports; many Indian professionals work in the U.S. under H-1B visas. Challenges & Frictions: Tariff Disputes: The U.S. often criticizes India’s high tariffs on products like autos and agriculture. Trade Barriers: India raises concerns about U.S. visa restrictions and protectionist policies. Digital Trade & Data Localization: Emerging areas of disagreement in the tech sector. Conclusion: India-U.S. trade is strategic and multifaceted, with significant growth potential. While challenges persist, both countries recognize the mutual economic and geopolitical benefits of a deeper trade partnership. Different Types of Trade Agreements Trade agreements are treaties between two or more countries that outline how they will conduct trade with each other. These agreements help reduce trade barriers like tariffs and quotas and promote economic cooperation. The main types include: Bilateral Trade Agreement (BTA) Between: Two countries Objective: Reduce tariffs, enhance trade in goods/services, promote investment. Example: India–UAE CEPA (Comprehensive Economic Partnership Agreement) Features: Tailored to specific mutual interests; faster to negotiate than multilateral agreements. Multilateral Trade Agreement Between: More than two countries, usually under international organizations. Example: WTO agreements like GATT, TRIPS Objective: Promote global trade by creating uniform rules for all members. Features: Broad in scope but difficult to negotiate due to multiple stakeholders. Free Trade Agreement (FTA) Goal: Eliminate tariffs and quotas on most goods traded between member countries. Example: India–ASEAN FTA Features: Focuses on goods, services, and sometimes investment. Members retain independent trade policies with non-members. Customs Union Goal: Free trade within the union and a common external tariff policy. Example: European Union (EU) Features: Greater economic integration than FTAs but requires coordination on external trade policies. Common Market Goal: Free movement of goods, services, capital, and labor among member states. Example: European Single Market Features: Requires deeper political and economic integration; harmonized regulations and laws. Comprehensive Economic Partnership Agreement (CEPA) Goal: Broader than FTAs—covers trade, investment, IPR, dispute resolution, etc. Example: India–Japan CEPA Features: Includes both tariff and non-tariff issues; often sector-specific cooperation. Preferential Trade Agreement (PTA) Goal: Reduce tariffs on selected goods, not comprehensive. Example: India–Mercosur PTA Features: Less ambitious than FTAs; serves as a stepping stone toward deeper agreements. Source: THE HINDU Dhole in Kaziranga-Karbi Anglong Landscape Category: ENVIRONMENT Context: Researchers have documented the first camera-trap evidence of the endangered dhole (Cuon alpinus)—also known as the Asiatic wild dog—in the Kaziranga-Karbi Anglong Landscape, Assam This rediscovery is significant as the species was previously believed to be locally extinct in the region. The image, captured in the Amguri corridor (a vital wildlife linkage between Kaziranga National Park and Karbi Anglong hills), was taken just 375 metres from a national highway, emphasizing the threat posed by human infrastructure in critical wildlife habitats. The dhole is classified as Endangered on the IUCN Red List and protected under Schedule I of the Wildlife (Protection) Act, 1972. Its decline across Asia has been due to habitat loss, prey depletion, and human-wildlife conflict. Kaziranga, a UNESCO World Heritage Site, is already home to species like the one-horned rhinoceros, Bengal tiger, and wild water buffalo. The rediscovery of the dhole enhances the region’s conservation value and highlights the importance of preserving wildlife corridors in Northeast India. Learning Corner: Kaziranga National Park Location: Kaziranga National Park is located in the state of Assam, India, along the floodplains of the Brahmaputra River. Key Highlights: UNESCO World Heritage Site (since 1985) for its unique natural environment and rich biodiversity. Famous for hosting the world’s largest population of the one-horned rhinoceros. Also home to the Big Five of Kaziranga: One-horned Rhinoceros Bengal Tiger Asian Elephant Wild Water Buffalo Swamp Deer Biodiversity: Supports over 35 species of mammals, 500+ bird species, and diverse reptile and plant life. Important habitat for migratory birds, river dolphins, and endangered species like the dhole (Asiatic wild dog). Conservation Status: Declared a National Park in 1974. Protected under Schedule I of the Wildlife (Protection) Act, 1972. Recognized as a Tiger Reserve since 2006. Managed by the Assam Forest Department and supported by the National Tiger Conservation Authority (NTCA). Challenges: Seasonal flooding, poaching, habitat fragmentation, and human-wildlife conflict. Pressure from nearby