India, US agree to remain engaged on trade pact: Govt
India and the United States concluded three-day trade talks on April 23, with the Ministry of Commerce and Industry stating both sides agreed to stay engaged, advancing discussions on market access, digital trade, and a proposed bilateral trade agreement framework
New Delhi: The government on Friday said the three-day trade talks between Indian and US officials concluded on April 23, with both sides agreeing to stay engaged to sustain the momentum ahead.
Both sides discussed several areas, such as market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment and digital trade, the Commerce and Industry Ministry said in a statement.
“The meetings were conducted in a constructive and positive spirit, with meaningful and forward-looking discussions enabling progress on key matters. Both sides agreed to remain engaged to maintain this momentum as they move forward,” it said.
India and the US issued a joint statement on February 7 finalising a framework for an interim trade agreement regarding reciprocal and mutually beneficial trade. The framework reaffirmed the countries’ commitment to the broader India-US Bilateral Trade Agreement negotiations.
The Indian side has visited Washington, D.C. for an in-person round of meetings with their US counterparts to finalise the details of the interim agreement and take forward the negotiations under the broader BTA, it added.
