In Trade Negotiations, India Thinking of Eliminating Import Tariff on US LPG and Ethane

India plans to scrap import taxes on US ethane and LPG to reduce trade surplus

India is reportedly considering eliminating import taxes on US ethane and liquefied petroleum gas (LPG) as part of broader trade negotiations with the US.

In Trade Negotiations, India Thinking of Eliminating Import Tariff on US LPG and Ethane

As part of continuing trade talks with Washington, India is considering eliminating import levies on US liquefied petroleum gas (LPG) and ethane. According to media reports, this move is intended to increase fuel imports from the US and is consistent with India's plan to remove import duties on US liquefied natural gas (LNG). Butane, propane, and ethane—all necessary for the production of petrochemicals and cooking gas—are currently subject to a…