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The Economic Times
The Economic Times
National

India, US lock first phase of trade pact; legal drafting underway: Piyush Goyal

Piyush Goyal India United States International Trade Sergio Gor Commerce and Industry European Union

The first phase of the India-US trade pact has been finalised and is now going through legal drafting, even as both sides signal that a wider agreement is close.

Commerce and Industry Minister Piyush Goyal said on Thursday that the aim is to complete the first phase soon. It will be put into effect once India secures a competitive advantage over its peer countries, he added.

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