In a major development, India and the United States have succeeded in negotiating a limited trade deal, according to a senior government official.
The agreement comes after weeks of intensive discussions, during which it announced that India had held firmly on its main demands. The official said: “We were ready to accommodate the impact of the definitions if the United States had been flexible,” the official said. “But Washington showed a willingness to participate, and this allowed the deal to move forward.”
Although the details of the agreement have not been officially announced, the penetration is seen as a positive step towards resolving long trade tensions between the two countries.
The limited deal is expected to cover selected sectors and can pave the way for a broader trade agreement in the future.
The sources indicate that the announcement of the deal can be expected in hours, perhaps by US President Donald Trump.
(The version will be updated as soon as the other details appear)
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