US, India seek trade deal by G20, ex-US diplomat says
In short
Former diplomat Nisha Biswal said the US and India are still working on a phase one trade deal and want to finish it by the G20 Summit in Florida.
She said big issues are still open, especially on India’s advantages. Commerce Minister Piyush Goyal said India expects one of its best trade deals with the US.
What the reporting says
Former diplomat Nisha Biswal said the US and India are negotiating a phase one trade agreement and both want to finish it by the upcoming G20 Summit in Florida. She said major issues remain, especially around India’s comparative advantages, while Commerce Minister Piyush Goyal said India expects one of its best trade deals with the US. The talks remain ongoing and complex.
Why it matters
Nisha Biswal said the US and India are negotiating a phase one trade agreement and hope to conclude it by the upcoming G20 Summit in Florida. She said important issues remain unresolved, especially concerning India’s comparative advantages. Piyush Goyal said India expects one of its best trade deals with the US. The comments point to ongoing trade negotiations between the two countries.