India-US trade deal yet to shape up even as oil contracts appear likely
The proposed India-US trade deal seems to hang in the balance a week before the scheduled visit of US President Donald Trump. While critical issues are still not quite ironed out, the sealing of some contracts on crude oil and natural gas sourcing seems on the cards, said officials.
Trump and his wife Melania will pay a state visit to India on February 24-25.
“Contentious issues such as market access for a number of agriculture products, dairy items and medical equipment have still not been ironed out. So, an ambitious trade deal between the two countries seems unlikely with just a little more than a week left for the visit,” a government official told BusinessLine.
