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India has been actively working to ensure a bilateral commercial agreement with the United States, even when Trump imposed 26% rates on Indian goods last week, which are now pause.
India previously said he would not retaliate against Trump’s rates (Reuters image)
India and the United States have final reference terms for conversations about the first segment of a bilateral commercial agreement, a commercial official said on Friday, adding that it was a possibility of a “way and way of win-win” for the agreement in the next 90 days.
The United States is the largest commercial partner in India and bidirectional trade among countries exceeded $ 118 billion in 2023-24.
Reuters Thursday reported that India wanted to move quickly to obtain a bilateral commercial agreement with the United States after the decision of President Donald Trump to stop the diseases reciprocal diseases of the countries, including India.
The commercial commitment between countries will continue virtually and regularly, said the official.
“We are very ahead in commercial conversations with the US.
Trump’s administration had announced a 26% tariff on Indian goods last week, and India had said it did not plan to withdraw
(This story has not edited the leg by News18 staff and is published from a FEED -Reuters Union News Agency)