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India And US Advance Toward Interim Trade Deal After Four-Day Talks
• Zero HedgeIndian and US negotiators have made progress in their latest round of talks in New Delhi on Tuesday on a bilateral trade deal, having focused on market access for industrial and some agricultural goods, tariff cuts and non-tariff barriers, Reuters reported citing Indian government sources.
"The negotiations held with the U.S. side were productive and helped in making progress towards crafting a mutually beneficial and balanced agreement including through achievement of early wins," one of the sources said.
The U.S. delegation, led by senior officials from the Office of the U.S. Trade Representative, held closed-door negotiations with Indian trade ministry officials headed by chief negotiator Rajesh Agrawal.
Among the preliminary agreements reached, both sides discussed increasing bilateral digital trade, by improving customs and trade facilitation measures, the sources said, adding that "negotiations will continue" for early conclusion of the initial tranche of the trade pact.




