kkvvvv India Seeks Stronger Trade Ties With US Through Bilateral Pact

India Seeks Stronger Trade Ties With US Photo: Getty Images India Seeks Stronger Trade Ties With US Photo: Getty Images

Days after President Donald Trump announced reciprocal tariffs on its trading partners, India on Friday said it is looking at deepening trade ties with the US including by reducing tariff and non-tariff barriers through a bilateral trade deal.

In line with his "America First" policy, Trump this week announced reciprocal tariffs from April 2 on numerous trading partners and nations that impose higher levies on imports from the US.

In its first reaction, New Delhi indicated that it expects an amicable resolution to the issue.

It makes the 21-year-old the first Asian-born player to win gold in the women's or men's singles at the Games since tennis was first introduced to the Olympics in 1896.

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During Prime Minister Narendra Modi's visit to the US last month, both sides announced plans to negotiate a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA),66br casino External Affairs Ministry spokesperson Randhir Jaiswal said.

Commerce Minister Piyush Goyal was in the US and met his counterparts and the two governments are in the process of advancing discussions on a multi-sector bilateral trade pact, he said.

"Our objective through the BTA is to strengthen and deepen India-US two-way trade across the goods and services sectorkkvvvv, increase market access, reduce tariff and non-tariff barriers, and deepen supply chain integration between the two countries," he added.