India, US seek to expedite bilateral trade agreement talks to boost trade

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India, US seek to expedite bilateral trade agreement talks to boost trade - Business Standard

Quick Summary:

Both India and the US want to expedite the negotiations for the proposed bilateral trade agreement (BTA) as the two countries are looking at promoting two-way commerce, an official statement said on Thursday.

The keenness to expedite the talks came in the backdrop of the USA's decision to impose additional 27 per cent import duty on Indian goods from April 9 this year.

Both the countries have decided to hold sector-specific talks from this month to finalise the structure of the agreement.