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US Envoy: India Trade Talks Resume Tomorrow
12 Jan
Summary
- New US Ambassador Sergio Gor announced fresh trade talks for tomorrow.
- US seeks to elevate the partnership with India beyond trade.
- Discussions aim to finalize the first tranche of a trade deal.
US Ambassador to India-designate Sergio Gor confirmed that a new round of talks regarding the India-US trade deal is scheduled for tomorrow. Gor stated that both nations are actively engaged in negotiations, expressing determination to reach an agreement despite the complexities involved. He also underscored the broader strategic partnership between the two countries, emphasizing cooperation in security, counter-terrorism, energy, technology, education, and health.
The Ambassador highlighted the significant bond between US President Donald Trump and Indian Prime Minister Narendra Modi, characterizing their relationship as genuine and strong. He conveyed President Trump's warm wishes to the people of India and expressed his personal respect for the nation. Gor's mission is to advance the partnership between the world's oldest and largest democracies.
Discussions are ongoing to finalize the initial phase of the trade deal, though a breakthrough has yet to occur. The context involves existing tariffs on Indian exports to the US, including penal tariffs on crude oil imports from Russia. President Trump has previously indicated potential for further tariffs if India continues its oil purchases from Russia.
