
India and the United States are in regular contact on a bilateral trade agreement (BTA), Commerce Secretary Rajesh Agarwal said on Tuesday. The two sides are working to resolve outstanding trade issues,…
India and the United States are in regular contact on a bilateral trade agreement (BTA), Commerce Secretary Rajesh Agarwal said on Tuesday. The two sides are working to resolve outstanding trade issues, according to NDTV Profit.
The update comes amid ongoing discussions between the world's largest economies. Agarwal did not provide a timeline for finalising the pact but emphasised sustained engagement.
The 'regular contact' talk is soothing but vague after years of stop-start negotiations. Neither side has named the specific sticking points, tariffs on steel, data localisation, or farm subsidies. The real test will come when the US releases its National Trade Estimate report in March. If India still tops its list of unfair trading partners, 'regular contact' will ring hollow. What concrete step has either side taken in the last six months?
Source: ndtvprofit.com
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