Commerce and Industry Minister Piyush Goyal said that the US team is in New Delhi to hold talks on finalising the first phase of the bilateral trade agreement (BTA).
Gor said the Indo-US relationship must deliver tangible benefits for both nations and stressed that the Trump administration viewed India as a key global partner.
The initiatives after Secretary of State Marco Rubio's visit have infused new life into the grouping that was adrift ever since US President Donald Trump returned to power last year
Rubio confirmed that both sides were “on the verge” of reaching a durable trade agreement and added that recent visa policy changes were not aimed at India specifically.
The US team will visit India next. Date of the visit has not yet been finalised but the deal will factor in Section 301 related tariffs and other restrictions, a senior official said.