Stronger energy ties set stage for trade pact with US

The scaling up of Liquefied Petroleum Gas (LPG) imports from the US is part of a plan to address Washington’s concerns about the trade deficit with India, but the government is clear the much-touted trade deal with that country will take place only if it is “fair.”

India’s one-year Liquefied Petroleum Gas (LPG) sourcing contract with the US announced on Monday is part of a long-term deal that is indicative of the progress in relations between the two sides, commerce and industry minister Piyush Goyal said.

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