New Delhi (TIP) – The Indo-US trade deal is progressing as per the terms of reference decided between the two countries, commerce ministry officials said on Tuesday. Giving an update on the negotiations, the ministry said that a team of India negotiators is in the US for carrying out the fifth round of negotiations on the bilateral trade agreement.
“The first round of negotiations took place when the US team visited India last week of March. We finalized terms of negotiations thereafter, and the negotiations have been going thereafter. Two rounds of discussions were held when India visited the US in April and May. Then in June, again, the United States team came to India, and we had the fourth round of discussions and negotiations on the bilateral trade agreement,” said chief negotiator and commerce secretary-designate Rajesh Agarwal.
Agarwal refused to speak on any specific details of the negotiations between the two countries. India is hoping to close a limited trade deal by 1 August 2025, when the extended deadline for implementation of reciprocal tariff ends. The US has already announced the revised reciprocal tariff rates for two dozen countries. The revised rates are in the 25-40% range. New tariff for India has not been announced yet.
The trade data released by the commerce ministry showed that despite the 10% reciprocal tariff imposed by the US, India’s exports to the US has jumped by a healthy 22% in April-June quarter, while imports from the country have increased by 12% during the same period. Explaining the growth in exports to the US despite a 10% baseline reciprocal tariff imposed by the US, another commerce ministry official said except for a 10% baseline tariff, no other tariff is there for countries across the world barring China, which has got a higher tariff of 40%.
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Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Right now it sounds like BlogEngine is the preferred blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
Currently it seems like BlogEngine is the preferred blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
Can I just say what a relief to discover an individual who actually knows what they’re discussing on the internet. You definitely realize how to bring a problem to light and make it important. A lot more people must look at this and understand this side of your story. I was surprised that you aren’t more popular because you definitely have the gift.
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Aw, this was a very nice post. Taking the time and actual effort to produce a really good article… but what can I say… I put things off a whole lot and don’t manage to get nearly anything done.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
Aw, this was an incredibly good post. Taking a few minutes and actual effort to make a good article… but what can I say… I procrastinate a lot and don’t manage to get anything done.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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At this time it appears like WordPress is the preferred blogging platform available right now. (from what I’ve read) Is that what you’re using on your blog?
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Wow that was odd. I just wrote an really long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say fantastic blog!
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Can I simply just say what a comfort to find somebody that really knows what they’re discussing on the web. You actually realize how to bring a problem to light and make it important. More and more people should look at this and understand this side of the story. I was surprised you aren’t more popular because you definitely have the gift.
At this time it appears like Movable Type is the top blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
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At this time it sounds like Movable Type is the top blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?
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