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India to sign trade deal with US soon
The article concerns the Indian-American negotiations over a bilateral trade agreement. Indian Commerce Minister confirmed that India is ready to finalize the deal as soon as preferential tariff terms are agreed upon for Indian exports, terms that would surpass those of competitors like Vietnam and Bangladesh. India is currently reviewing the customs treatment of these rivals to ensure that Indian exports receive better rates or are exempt from tariffs in some cases. This comes amid stalled negotiations due to disagreements over tariffs and market access, despite both parties having announced an initial framework for the agreement in February. The Indian Minister is expected to visit the United States in September to discuss the future of the agreement with the U.S. Trade Representative.
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