Now Reading: India In Regular Contact With US On Bilateral Trade: Commerce Secy
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India In Regular Contact With US On Bilateral Trade: Commerce Secy
The Story in Brief
The Story in Brief
Commerce Secretary Rajesh Agarwal has said India and the United States remain in regular contact on a proposed Bilateral Trade Agreement (BTA). Both sides are working to resolve outstanding issues that have held up a comprehensive deal. Agarwal's statement comes as trade negotiators from the two countries continue discussions, though no firm timeline has been set for signing an agreement. The BTA was a key topic during recent high-level visits between New Delhi and Washington.
The Indian Opinion
There is a tendency to read every official statement as a breakthrough. A regular contact means little without a timeline or concrete tariff reductions from either side. Exaggerated expectations only create disappointment. The real test will be whether both countries can move beyond generalised commitments and announce specific sectoral openings or tariff lines. Watch for the next ministerial meeting: that will separate posturing from progress.
Sources (2): ndtvprofit.com, ndtvprofit.com (2)
This story was synthesised by AI from the 2 sources linked above. Methodology and corrections.
Updated: this story now draws on 2 sources.
Ashin Xavier: interesting
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IO Repro: Repro test after fix 2 Oct. Safe to trash.