India's Finance Minister says regarding US trade deal, it's been a hard and rigorously negotiated agreement and like to believe that India and US reached a plateau in trade deal talks
India’s Finance Minister described US trade talks as ongoing but at a difficult plateau, and outlined planned investment treaty steps involving Canada and three other countries.
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Says: Beyond this plateau, giving or taking more for a trade deal will be very, very difficult for India and the US. US is seeking to reduce the trade imbalance through means beyond negotiations. Have a new template for bilateral investment treaties, which will be approved shortly. Will conclude a bilateral investment agreement with Canada by December or early next year. Should conclude investment treaties with three more countries by year-end. Trade talks with the US are ongoing.
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