India, US to resume BTA talks today

The text of the agreement was released on February 7.

India and the US will today resume talks on the first phase of their bilateral trade agreement in Washington, DC.
The three-day talks will discuss the situation that has evolved under the changed US tariff regime.
The two unilateral probes launched by the USTR against India may also be discussed at the meeting.
Darpan Jain, additional secretary in the department of commerce, is leading the Indian team.

Darpan Jain, additional secretary in the department of commerce, is leading the Indian team.

The three-day talks will discuss the situation that has evolved under the changed US tariff regime, according to Indian media reports.

Following the US Supreme Court decision against the sweeping tariffs imposed by President Donald Trump on several countries, the US administration imposed a 10-per cent tariff on all countries beginning February 24 for 150 days.

This led to a meeting between chief negotiators of both sides scheduled in February getting postponed to this month.

The two unilateral investigations launched by the US Trade Representative (USTR) against India may also be discussed at the meeting. India has rejected allegations made by the USTR in these two probes under its Section 301 of Trade Law and has called for termination of the probes as the initiation notice has failed to provide cogent rationale to substantiate the claims.

Fibre2Fashion News Desk (DS)