NEW DELHI: India and the US are trying to take the bilateral talks forward and thrash out a trade package before commerce and industry minister Piyush Goyal returns from the US later this week.While the two sides seem to have reached a mutually satisfactory resolution of pricing of medical devices, India may have to accommodate the US’ demands on market access for its almonds, nuts and berries to arrive at a trade package before they work on a larger bilateral trade deal.Goyal will participate in a roundtable discussion organised by the US-India Strategic and Partnership Forum in New York on Thursday before he travels to Washington for trade negotiations with American trade officials. He flew to New York on Monday from Dubai.“Both sides are ironing out the issues to take the talks forward by harvesting low hanging fruit like market access to agricultural products,” said an official.Market access to American agricultural and dairy commodities, restoration of Generalized System of Preferences (GSP), price controls on medical devices, duty cuts on Harley Davidson bikes and information and communication technology (ICT) products are the key areas of negotiations among a plethora of trade spats that the two sides have been embroiled in.The US… Read full this story
- Essential Phone Will Support EIS For Recording Videos, Double Tap To Wake
- A New Breed of Netbook?
- Invention International
- Missile Defense: The Sequel
- Taming the Power Grid
- Toward Carbon-free Energy
- Re-engineering Iraq
- 10 company jobs in IT with nijobfinder
India, US working to resolve trade issues have 242 words, post on cfo.economictimes.indiatimes.com at September 27, 2019. This is cached page on GameMax. If you want remove this page, please contact us.