India and the US are progressing on the first phase of the Bilateral Trade Agreement. An Indian delegation is expected to visit Washington this week to discuss increased imports of oil, gas, and renewable technologies, strengthening trade and energy cooperation
Chief Economic Advisor V Anantha Nageswaran said India and the US are likely to resolve their tariff stalemate within 8–10 weeks. Talks are underway to cut reciprocal duties, while both sides intensify efforts toward a mutually beneficial trade agreement
