India-US trade deal nearing finish line? What Jaishankar, Piyush Goyal said on talks
Indian officials, including External Affairs Minister S Jaishankar, have indicated that trade negotiations with the United States are nearing a 'landing point.' Both nations are working to resolve differences while maintaining a strong strategic partnership.
Why it matters
A successful trade deal between the world's two largest democracies would significantly impact global supply chains and geopolitical alignment.
NEW DELHI: External affairs minister S Jaishankar has said that India and the United States were continuing talks to resolve differences over the proposed trade deal, adding that negotiations appeared to be heading towards a “landing point”.He also said the core fundamentals of the bilateral strategic partnership remained unchanged. “I think we are waiting on a few things. I wouldn't be comfortable spilling the beans in public,” Jaishankar said at the Bloomberg New Economy Forum on Tuesday evening when asked about the status of negotiations, PTI reported.“When countries negotiate with an economy like the United States, obviously one part of it is what you work out between yourselves and the US, and one part of it is how do you fare vis-a-vis competitive economies,” he added.He said the outcome would also depend on the terms other countries secured in their negotiations with Washington.“And that part of it is not entirely…
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