|HT|
Nisha Biswal, a former top US diplomat for India and head of the US-India Business Council, says that the upcoming meeting of the India-US Trade Policy Forum will set the framework for trade discussions on key areas of cooperation and alignment could create a path towards a Free Trade Agreement (FTA). Nisha Biswal also welcomed India’s willingness to negotiate an FTA. “Let me just welcome the much more positive and forward leaning stance that the Indian government has brought on the issue of free trade as someone who has been talking about the roadmap to an FTA for over a decade,” Biswal said in an interview. “There has never been in the past much of an appetite in India for an FTA certainly not with the United States, there was always a feeling that an FTA was going to disadvantage Indian companies and open up the Indian market too much to the US.”
The trade policy forum, which is the top platform for India-US trade talks, will meet for the first time in four years this week when US trade representative (USTR) Katherine Tai is in New Delhi to meet commerce and industry minister Piyush Goyal and other officials.
(Except for the headline and the pictorial description, this story has not been edited by THE DEN staff and is published from a syndicated feed.)
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