India and US Progress on Interim Trade Agreement to Enhance Market Access

India and the US are advancing negotiations on a trade agreement aimed at enhancing market access and reducing tariff and non-tariff barriers for American exports. An interim pact includes India addressing barriers in sectors like medical devices, information technology goods, and agricultural products. Within six months of the agreement's enforcement, India will decide on accepting US or international standards for exports. While progress continues, some sensitive issues remain unresolved.