India, US near final trade deal after most issues resolved
In short
India and the US have almost finished work on a trade deal, according to External Affairs Minister S. Jaishankar. He said the pact could be sealed soon, and most of the remaining changes are on the American side.
The coming meeting between Prime Minister Narendra Modi and President Trump may help move it forward.
What the reporting says
India and the US have nearly resolved the issues around their proposed trade deal, External Affairs Minister S. Jaishankar said. He said he hoped the agreement could be finalized soon, with negotiations focused mainly on changes needed from the American side. The expected meeting between Prime Minister Narendra Modi and President Trump could add momentum to the pact, which would benefit India’s economy if sealed.
Why it matters
India and the US have nearly resolved the main issues in their proposed trade deal, and S. Jaishankar said the pact could be finalized soon. He said talks have focused mainly on changes needed from the American side. The upcoming meeting between Prime Minister Narendra Modi and President Trump could further advance the deal, which the report says would be beneficial for India’s economy.