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India and US make progress in bilateral trade talks

21 August 2020

India’s ambassador to the United States told reporters that concluding current negotiations on a limited trade deal is a vital first step in creating a comprehensive trade pact in the future.

Reuters reports that Taranjit Singh Sandhu, India’s ambassador to the United States said that the two nations are making progress towards a comprehensive bilateral trade agreement.

"First step to realise trade partnership is to conclude ongoing trade negotiations," said Taranjit Singh Sandhu during a virtual summit organised by an industry body. India and the United States have been struggling for more than a year to conclude the limited trade deal, sparring over higher tariffs and New Delhi's policies on e-commerce and data storage.

Sandhu said the two nations were engaged in talks to get greater access for agricultural products in each other's markets. Washington has been pressing New Delhi to roll back higher tariffs on a slew of farm products.

Read more about this story here.

Source: Reuters


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