Saturday, March 07

India–U.S. trade deal nears finish line

India’s chief trade negotiator will travel to the United States next week to finalise a long-anticipated bilateral trade agreement, Reuters reported, signalling that talks between India and Washington may be entering their final stretch. Trade Secretary Rajesh Agrawal said on Monday that New Delhi expects the U.S. to reduce tariffs on Indian goods to about 18% as early as this week, a move seen as a confidence-building step before the agreement is sealed.An interim trade framework was announced by the United States and India earlier this month, marking an important reset in bilateral economic engagement after negotiations dragging on for nearly a yearNegotiations, held across multiple rounds in New Delhi and Washington, accelerated in recent months as both sides seek to deepen economic ties and diversify supply chains amid global trade realignments.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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