New Delhi, February 20 A three-day meeting between Indian and American officials to finalize the legal text for an interim trade agreement will begin in the US on February 23, an official said on Friday.
Earlier this month, India and the US released a joint statement to announce that a framework for an interim trade agreement has been finalized.
The joint statement outlines the details of the agreement. Now, these details need to be translated into a legal agreement, which will be signed by both sides. It is expected to be signed in March.
The Indian and US teams will begin their three-day meeting on Monday, the official said.
The Indian team will be led by chief negotiator Darpan Jain, who is a joint secretary in the Commerce Ministry.
Under the interim trade pact, both sides will extend duty concessions to each other on a number of goods traded between them.
The US has announced that it will reduce reciprocal tariffs on Indian goods from 25 per cent to 18 per cent. It has already eliminated the 25 per cent punitive tariffs on India for buying Russian crude oil.