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India-U.S. trade pact to be finalised once U.S. offers preferential rate: Goyal
The Hindu
55m ago
4 newsrooms in 2 countries
Picture: The Hindu
Commerce Minister Piyush Goyal said that India's nine FTAs, spanning economies representing about $60 trillion of GDP, would provide preferential access to nearly two-thirds of global trade
Why it matters Preferential trade rates lower import tariffs, making exported goods cheaper and expanding market access for Indian exporters to the U.S.
Most affected Indian exporters — Access to U.S. market at lower tariff rates if deal proceeds.
Likely next Whether the U.S. government agrees to offer preferential rates to India.
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