New Delhi, June 22 (IANS) India and the United States are set to intensify negotiations on the proposed bilateral trade agreement (BTA), with US Ambassador to India Sergio Gor announcing on Monday that US Trade Representative Jamieson Greer will hold multiple meetings with Union Commerce and Industry Minister Piyush Goyal here to advance the trade deal ahead of a key tariff deadline next month.”Looking forward to welcoming Ambassador Greer @USTradeRep to New Delhi! Multiple sessions scheduled wi…
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New Delhi, June 21 (IANS) India and the United States will hold ministerial-level trade talks this week as both countries seek to finalise the framework for the first phase of the proposed bilateral trade agreement (BTA) ahead of a key tariff deadline next month, Union Minister of Commerce and Industry Piyush Goyal said on Sunday.US Trade Representative Jamieson Greer is scheduled to arrive here for a two-day visit, during which he will hold discussions with Goyal.The minister told reporters, “F…
New Delhi, June 10 (IANS) India has refuted claims made by the Trump administration under a US Section 301 trade investigation that there is excess production capacity in the Indian textile and steel sectors which is being used to export goods at low prices.Additional Secretary, Ministry of Commerce, Amitabh Kumar on Wednesday said that India does not have surplus manufacturing capacity in either industry, denying allegations being examined under the US Trade Representative’s (USTR) Section 301 …
Mumbai, Feb 28 (IANS) India and the European Union have agreed to give each other Most-Favoured-Nation (MFN) treatment for five years after their proposed free trade agreement (FTA) comes into force. The move is aimed at ensuring fair and equal treatment in trade in services between both sides.Under the MFN provision, service sectors and service providers from India and the European Union will be treated at least as favourably as those from any other country.This means neither side can give bett…