The United States and India are set to re-engage in trade discussions in New Delhi. The talks come after the US levied punitive tariffs on India due to its purchasing of Russian oil. A high-ranking US trade delegation, spearheaded by Brendan Lynch, the Assistant US Trade Representative for South and Central Asia, will be meeting with Indian authorities. This meeting is anticipated to be a key step in determining the direction of future trade negotiations. The US trade team had planned to be in India from August 25-29 for the sixth round of bilateral trade agreement talks, but those plans were put on hold due to Washington’s tariffs. These included a 25% tariff linked to India’s Russian oil imports. Even with the strained situation, both parties have engaged in weekly virtual meetings. Rajesh Agrawal, a Special Secretary within India’s Commerce Ministry, will be among the Indian representatives, joined by other key officials. Representatives from India’s finance and corporate affairs ministries are also scheduled to attend.
US and India to Hold Trade Talks in Delhi Amidst Disputes
India 1 Min Read
