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New Delhi, May 15 (PTI) The negotiations for the proposed bilateral trade agreement between India and the US are progressing well, a top government official said on Thursday.
Commerce Secretary Sunil Barthwal said that an Indian team will be going to Washington for further discussions.
Commerce and Industry Minister Piyush Goyal will lead a team of senior Indian officials to Washington starting May 17 for discussions with their US counterparts on the agreement.
He will hold meetings with US Trade Representative (USTR) Jamieson Greer and US Commerce Secretary Howard Lutnick during his visit.
The four-day talks (May 17-20) come against the backdrop of both countries exploring the possibility of an interim trade arrangement in goods to secure "early mutual wins" ahead of finalising the first phase of the trade agreement by fall (September-October) this year. PTI RR CS RR MR
Bilateral trade agreement talks advance; interim goods arrangement sought to secure early mutual wins before first-phase conclusion. Negotiations for a proposed bilateral trade agreement between India and the United States are progressing, with a senior Indian delegation travelling to Washington to pursue talks. The discussions aim to secure an interim goods arrangement to obtain early mutual benefits while negotiating a phased agreement, combining immediate limited commitments in goods with continued negotiations to finalise the first phase by the planned autumn timeframe.Press 'Enter' after typing page number.