What Is Holding up the US-India Trade Deal?

What is holding up the US-India trade deal?

Rubio will meet senior Indian officials, but will bypass the Indian capital during the trip in the coming week. Instead he will focus on investment and energy during visits to financial hub Mumbai and India's oil hub of Jamnagar, which is home to billionaire Mukesh Ambani's refining complex, the world's largest. The elephant in the room will be the inability by both countries to seal their long-awaited trade deal, experts say. Several factors, i…

‘For global trade’s sake, hope our US deal is inked soon’: FM Nirmala Sitharaman

Nirmala Sitharaman expressed optimism regarding the speedy conclusion of the India-US trade agreement during her recent interaction. She highlighted challenges in trade relations with China due to non-tariff barriers causing problems for Indian exporters. The Finance Minister advocated for promoting rupee-denominated trade settlements to assist nations experiencing hard currency shortages. Sitharaman emphasized the importance of public investmen…

Marco Rubio’s India Visit Comes Amid Prolonged US-India Trade Disputes - THE DESTINATION

NEW DELHI: (News Desk) – US Secretary of State Marco Rubio is set to visit India for the second time this year as Washington seeks to strengthen strategic ties with New Delhi despite prolonged disagreements over a long-awaited trade agreement. During his upcoming six-day overseas tour, Rubio will meet senior Indian officials but is expected […]