India and US Nearing Initial Trade Deal Agreement
India and the United States are reportedly close to finalizing the first phase of a trade deal, aiming to establish a new framework for their $140 billion trade ties, with the Indian Commerce Minister confirming the agreement is very near.
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India-US deal: $140bn trade ties moves closer to new framework agreement
India and the US have finalized most of the legal text for their bilateral trade agreement, with negotiations now focusing on minor details. The treaty's finalization hinges on clarity regarding the US tariff mechanism post-next month, as India seeks to maintain export advantages.
By TNN
Read full article →India, US close to signing first phase of trade deal: Indian minister
India and the United States are “about 99 per cent” done with the first tranche of a trade deal, the commerce minister said, as a US delegation began talks in New Delhi on Tuesday. The delegation, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, is holding three days of talks with Indian trade officials, as the two sides seek to close negotiations. “About 99 per cent of the issues have been settled,” Indian commerce minister Piyush Goyal told reporters in Del...
By none@none.com (AFP)
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