‘To be signed at right time’: India-US trade deal framework ‘ready’, says official
Indian officials have confirmed that a framework for a bilateral trade deal with the US is ready and awaiting a formal signing. Both nations are working to secure preferential market access and competitive advantages.
Why it matters
A finalized trade agreement between the world's two largest democracies would significantly impact global supply chains and economic cooperation.
When will the India-US trade deal be signed? Negotiations between India and the US on a trade agreement are moving ahead smoothly, with the framework deal now ready and awaiting signing at an appropriate time, an official said on Monday.The official said India is seeking a tariff structure under the proposed agreement that provides it with a comparative advantage over competing countries."There was a very good discussion (with the US team). The framework deal is ready...whenever there is right time, it will be signed.
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