India, Feb. 13 -- India will get concessional duty access for garments made by using American yarn and cotton under its trade agreement with the US, similar to the benefits currently provided to Bangladesh, Commerce and Industry Minister Piyush Goyal said on Thursday.The US will reduce reciprocal tariffs on Bangladeshi goods to 19 per cent, but garments attract zero duty only if made with US cotton and man-made fibres.

A Bangladeshi garment now faces a 31 per cent levy (12 per cent for most-favoured nation plus 19 per cent reciprocal), and if it uses US fibres, then duty falls to 12 per cent. "Bangladesh kojo Mila hai, wo Bharat ko bhi milnewala hai final agreement me (Whatever Bangladesh has got, India will also get the same in the fina...