India-US Early Trade Deal Likely This Month

India and the US are intensely engaged to conclude a mutually beneficial early trade deal by the end of this month, "strictly" within the bilaterally-agreed framework of 29 March, irrespective of ongoing political rhetoric, and independent of sovereigns' strategic relationships with other countries, people in the know said.

- Rajeev Jayaswal

It may be part of the negotiation that India and the US may purchase and sell more energy as an outcome of the deal.

But the agreed framework does not proscribe the sovereigns from purchasing oil and gas from any third country of their choice, they said, requesting anonymity.