‘India, US trade talks from Dec 10’

 

 

9:55:44 AMThis visit of the US officials marks their second trip since the imposition of a 25 per cent tariff and an additional 25 per cent penalty on Indian goods entering the American market due to the purchase of Russian crude oil. On September 16, the US officials last visited India. On September 22, Commerce and Industry Minister Piyush Goyal also led an official delegation to the US for trade talks. Goyal had also visited Washington in May. While the USA’s chief negotiator for the pact is Assistant US Trade Representative for South and Central Asia Brendan Lynch, the Indian side is led by Joint Secretary in the Department of Commerce Darpan Jain. The talks are also important as Commerce Secretary Rajesh Agrawal has recently stated that India is hopeful of reaching a framework trade deal with the US this year itself.