India-US trade deal's first phase finalised; legal drafting underway, says Goyal
Commerce Minister Piyush Goyal has said the first phase of India's trade agreement with the United States has been finalised. The pact has now moved into the legal drafting stage. Goyal indicated that the deal is intended to give India a competitive advantage. Its implementation is expected in the near future. Separately, free trade agreement talks with the European Union are anticipated to conclude by December.
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