05
Feb
India is set to roll out the first tranche of its Bilateral Trade Agreement (BTA) with the United States within the next few days, with tariff reductions expected to come into effect shortly, Union Commerce and Industry Minister Piyush Goyal said on Thursday.Goyal said a joint India–US statement is likely to be issued and signed within four to five days. Following this, an executive order will pave the way for an 18% reduction in tariffs. He added that a more comprehensive and formal trade agreement is targeted to be signed by mid-March.Calling the development a milestone, Goyal said the upcoming…
