India-US trade negotiations still a challenge: Moody’s Investors Service


New Delhi: US-India trade negotiations will continue to be challenging and are likely to get delayed due to the Covid-19 pandemic, said Moody’s Investors Service.

The two sides have been trying to thrash out a trade package with limited scope with the long-term aim of a free trade agreement (FTA) since last year, amid a plethora of unresolved trade issues.

Delay will be seen in other global trade negotiations as well, including phase two of the US-China agreement, European Union trade talks with the US and Britain, Regional Comprehensive Economic Partnership (RCEP) in Asia and African Continental Free Trade Area (AfCFTA) trade talks


Source link

Articles You May Like

Budget may offer new direct tax dispute resolution framework
Here’s why you might want extra help doing your taxes this year
China’s electric automakers Nio, Xpeng and Li Auto could see pullback
Apple CEO Tim Cook gets new bonus not tied to sales, profits
Biden calls for $30 billion in rental assistance, longer eviction ban

Leave a Reply

Your email address will not be published. Required fields are marked *