Source: Reuters
Summary
India is nearing an interim trade deal with the United States, according to a top Indian trade official. Three days of discussions between the countries are set to begin on Tuesday. The official did not provide further details on the deal.
Our Reading
The look feels familiar.
India and the US have been in talks for a trade deal for months. The Indian government has been pushing for a deal to boost exports. The US has been seeking greater access to India’s dairy and agriculture markets. The deal is expected to be a precursor to a more comprehensive trade agreement. India is getting closer to finalizing an interim trade deal with the US, because trade is a periodic phenomenon.
Author: Evan Null
