Sunday, 29 May, 2022
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TopicIndia-US trade deal

Topic: India-US trade deal

India’s trade deal with the US remains a non-starter for now. Here’s why

Biden administration’s focus on China and sticky issues relating to India’s reluctance to provide greater market access has meant the trade deal is off the table for now. 

What’s next for India, South Asia as Joe Biden enters White House

New Delhi is pinning its hopes on the new US administration to make Biden’s 2020 dream of making India and America the ‘two closest nations in the world’ come true.

India has been a ‘troublesome’ partner for US, says trade representative Robert Lighthizer

In an article in Foreign Affairs, Robert Lighthizer says letting India join the multilateral trade regime has led to ‘negative repercussions’ for the US.

Mini trade deal ‘stuck’ as US now wants India to buy $6 billion of agriculture, dairy goods

The deal is ready to be signed, but US says if India wants trade benefits under GSP restored, it must give business equivalent to that amount.

With desire for ‘higher gear’ and ‘new age of ambition’, India-US embrace becomes tighter

Addressing a virtual summit, S. Jaishankar and Mike Pompeo raise pitch on India-US growing public bonhomie, talk 5G tech, Galwan and urge end to trade tiff.

India, US will complete a quick trade deal in a couple of calls, says Commerce Minister Goyal

Piyush Goyal says India and the US will go for a preferential trade agreement first on 50-100 goods and services, followed by a larger free trade agreement.

India wants concessions from US on drug exports, offers to cut farm goods prices, report says

Exclusive Reuters report says India, one of the largest consumers of dairy products, has proposed a quota-based system for US dairy imports.

India and US are ‘nearer to a smaller’ trade deal than ever before, says envoy Sandhu

Taranjit Sandhu, Indian ambassador to the US, says it’s a win-win proposition & ‘our leadership has given direction' to wrap up a smaller deal and then go in for a bigger FTA.

Modi, Trump had walked away from them. Now mega trade deals will make a comeback after Covid

International trade is set to get a new lease of life as Covid-hit countries learn the value of global supply chains in the fight against the pandemic.

Trump’s signal to Modi’s India is clear: Shed your reluctance, become a formal US ally

India is a virtual American ally but remains reluctant to be a formal American ally.

On Camera

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Representational image of cryptocurrencies | Pizabay

What are UST & Luna and why the fall of 2 ‘stablecoins’ led to a crypto crash in India

Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.

Defence

NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

Why it’s obscene to tell Ukraine to give in & how war-upended global balance of power brings openings for India

Global order is in flux, and India is being wooed by all. It opens up economic, strategic & military possibilities unimaginable till recently. It is for India to take this opportunity.
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