India and the US could still conclude a limited interim trade agreement covering areas where negotiations have already been completed, even as the two sides appear to have little room left for further concessions, according to the Global Trade Research Initiative (GTRI).
The think tank said Finance Minister Nirmala Sitharaman's remarks on Monday that negotiations had reached a “plateau” need not contradict Commerce Minister Piyush Goyal's statement last week that India was ready to finalise an early, balanced and mutually beneficial interim agreement.
