Trade Pact Progress: Indian Team to Finalize Legal Text in US

Trade Pact Progress: Indian Team to Finalize Legal Text in US.webp

New Delhi, February 16 A team of Indian officials will visit the US next week to finalize the legal text for an interim trade agreement, which is expected to be signed in March, Commerce Secretary Rajesh Agrawal said on Monday.

The visit is likely to begin on February 23.

India and the US earlier this month released a joint statement announcing that a framework for an interim trade agreement has been finalized.

"The joint statement outlines the framework for the deal. Now, this framework needs to be translated into a legal agreement, which will be signed between the two sides," he told reporters here.

Both sides are engaged in finalizing this legal agreement, and virtual talks are underway.

"Next week, India's chief negotiator, Darpan Jain, will lead a delegation to the US to finalize the legal trade agreement," he said.
 
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agreement finalization commerce secretary rajesh agrawal darpan jain diplomacy framework agreement india-us trade agreement interim trade agreement legal agreement negotiations new delhi trade trade agreement trade negotiations trade policy us-india relations
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