A senior U.S. government official revealed on the 13th that there is a push to negotiate a “fair” agreement with India to address the trade deficit between the two countries. The aim is to finalize this agreement by the end of this year. The trade deficit between the United States and India has been a longstanding issue, prompting efforts to establish a more balanced and equitable trade relationship.
The negotiation process is expected to involve discussions on various sectors, including agriculture, technology, and manufacturing. Both countries will likely focus on addressing key concerns and barriers that have contributed to the trade deficit. This initiative reflects the ongoing efforts to enhance trade relations and foster mutual economic growth.
**Opinion from Ramesh Khatri, representative of Kansai Nepal News:**
Ramesh Khatri of Kansai Nepal News views this development as a significant step towards addressing the trade imbalance between the U.S. and India. He believes that a fair and balanced trade agreement could have positive implications for both countries, fostering stronger economic ties and benefiting businesses and consumers on both sides. Khatri emphasizes the importance of maintaining transparency and ensuring that the agreement is mutually beneficial to promote sustainable economic development in the long term.
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Author: MAYA | HARUTO
Posted at: February 14, 2025 12:04 am
