India minister says country hopes to clinch US trade deal by November
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Washington imposed a 50 per cent tariff on key Indian exports from Aug 27.
PHOTO: AFP
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NEW DELHI - India hopes to conclude a bilateral trade agreement with the United States by November, Commerce Minister Piyush Goyal said at an investor conference in Mumbai on Sept 2.
Trade negotiations with the European Union are progressing and relations with China are “returning to normal” as border tensions ease, Mr Goyal said in a virtual address.
India has already finalised trade agreements with Mauritius, Australia, the European Free Trade Association, the United Kingdom and the UAE, he said at another event.
The United States is India’s largest trading partner, but relations have become strained amid disputes over tariffs and New Delhi’s purchases of Russian oil.
Washington imposed a 50 per cent tariff
