India, US trade talks begin December 10

Aimed at wrapping up first tranche of agreement

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India and the United States will commence three-day talks on the first phase of their proposed bilateral trade agreement here from December 10, sources said.

The visit is crucial as India and the US are working to finalise the first tranche of the pact.

“The three-day talks will start on December 10. It will conclude on December 12, and it is not a formal round of talks,” said one of the sources.

The US team will be led by Deputy United States Trade Representative (USTR) Rick Switzer.

This visit of the US officials marks their second trip since the imposition of a 25 per cent tariff and an additional 25 per cent penalty on Indian goods entering the American market due to the purchase of Russian crude oil.

On September 16, the US officials last visited India.