India-US Trade Talks: Paving the Path to a New Era
India and the US are advancing in trade negotiations as Commerce Minister Piyush Goyal plans a visit to Washington. These discussions aim for an early, mutually beneficial conclusion to the bilateral trade agreement, amidst existing tariffs on Indian goods. Efforts are directed towards doubling trade by 2030.
- Country:
- India
The India-US trade negotiations are gaining momentum as Commerce and Industry Minister Piyush Goyal is anticipated to visit Washington soon, according to reliable sources.
The announcement follows significant daylong discussions between US Chief Negotiator Brendan Lynch and Indian counterpart Rajesh Agrawal regarding the bilateral trade agreement.
The ongoing talks hold critical importance due to the imposition of steep tariffs on Indian goods by the US government. Both nations are keen to finalize an agreement to potentially boost bilateral trade to USD 500 billion by 2030.
(With inputs from agencies.)
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