United States tells India Russian oil curbs key to trade deal progressTrade negotiations with India are on a positive track, but more work is needed to ensure that India addresses US market access concerns, the trade deficit, and purchases of Russian oil, a US official told Reuters.
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US trade negotiators have told their Indian counterparts that curbing purchases of Russian oil is crucial to reducing India’s tariff rate and sealing a trade deal, two people familiar with the talks told Reuters.
Trade negotiations with India are on a positive track, but more work is needed to ensure that India addresses US market access concerns, the trade deficit, and purchases of Russian oil, a US official told Reuters.