India turns down fast-tracked US trade agreement following rejected demands
According to a Reuters report, India has declined a rapid trade pact with the United States because Washington failed to meet its primary requirements. An Indian official familiar with the negotiations stated that the US did not provide guarantees regarding tariff benefits over rivals like China, nor did it promise to refrain from imposing new duties following an agreement. These developments follow a visit to India by US Trade Representative Jamieson Greer last month.
by shortkt.com✓