US-India Business: Indo-U.S. A big update on the inter-trade agreement, the US official said- we are very close to the target- the best official signals of the United States say that the main trade agreement with India is close to the tax tet.

An important trade agreement with India and the United States is very close. Indo-U.S. The US official has given a huge sign on the inter -trade, which is believed that trade can be completed early. A report came a few days ago, in which a decision would be taken between India and the US on the fee before July 9.

The trade discussion between the two countries is going on fast because the US has implemented 26 per cent of the fee on India, and has stopped it for up to 90 days, ie, in such a situation, in such a situation, the two countries efforts will be created at a very low fee.

What did the American officer say?
Now the report of Kevin Hazet, the Economic Advisor of the White House, has been released. He says that India is one of the selected groups of ‘closest target’. His statement is also special because the US has indicated its readiness to reduce fees for 10% or less for countries that provide strong trade.

Wanting to deal with many countries in a few weeks
Significantly, the Trump administration is considering the plans of about 15 countries, and the target is to finalize several contracts within a few weeks. This strategy is a sign of change toward the high choice and encouragement perspective.

The need for the lower cost of India in these matters
India and the US are involved in high -level conversation for the interim contract, aimed at the end of the 90 -day mutual fee ban on July 9, before the end of the end. Although there is no formal confirmation that India has a concession rate, it is considered at the forefront. The talks, led by Commerce Minister Push Goyal and US Trade Secretary Howard Ludinik, focused on mutual concessions.

India wants discounts from 26% suspended fees and fees -free access for exports such as textile and shoes. In turn, it has paid low fees on American agricultural goods.

500 billion target by 2030
Currently, most Indian exports are still facing US charges. The medieval contract is expected to include defined types and services, but this will create the basis for a comprehensive trade contract. The goal of the two governments is to double the bilateral trade in 2030 to $ 500 billion.