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Topic: India-US trade deal
The seizure shows India has made great progress in tracking ships using technologies like Automatic Identification Systems.
Government officials say it would be incorrect to say the India-US trade deal is ‘stuck’, calling it an ‘ongoing process’ between the partners.
Five days ahead of US President Donald Trump’s visit to India, he has said that “the big (trade) deal” is being saved for “later”.
From 1999 to 2018, trade between US and India surged from $16 billion to $142 billion. But the relationship is marred by disagreements on several issues.
India & US have been trying to hammer out a modest trade deal which would open up India to American exports of farm products and medical devices.
In his post-impeachment avatar, Trump has grown more powerful. Can New Delhi make the US president commit much more than mere photo shoots and optics?
The US move has ‘upset’ India before the announcement of a limited trade deal, which was being planned to iron out some of the long-pending trade irritants.
Lighthizer, who served as Deputy USTR under the Reagan administration in the 1980s, is expected to finalise a trade deal between the US and India.
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