New Delhi: External Affairs Minister S Jaishankar on Thursday claimed that a trade deal should be mutually beneficial, and he hoped that the proposed agreement with the US should help both countries benefiting from it.“These are very complex conversations, they are very complex, and nothing is fixed until everything is,” Jayashankar said. The comments come just ahead of the meetings of Commerce and Industry Pieush Goyal along with American Trade Representative Jaimison Greer and US Commerce Secretary Howard Lutnik.But any business deal will have to work for both countries, and I think this business deal will be expected from the deal, and until this does, I think any decision on it will be ahead of time, ”he said on the occasion of an incident.In addition, a team of officers led by India’s chief negotiator Rajesh Aggarwal will hold a detailed discussion on the technical aspects of the proposed. Bilateral trade agreementInvolved Tariff cutRemoval of rules of non-tariff obstruction and origin.Commerce Secretary Sunil Bartwal told reporters, “The talks are going on, they are progressing very well and a team has been slated to go to America to talk further.”In the past, Trump was also seen talking in turn to claim a big profit in the conversation, when the authorities were still busy finalizing the engagement rules.While India is widely expected to reduce tariffs on many products of interest for America, it also wants for duties Labor intensive field For example, clothing and leather were reduced and Em S Jaishankar’s comments may be a sign of that.How many demands of India are accepted is not clear that the UK managed to achieve around 100 items, while the US reduced tariffs in exchange for about 2,500 American goods. In addition, the UK agreed to buy more aircraft and other goods from the US to narrow the trade differences.Many business experts see that Trump hangs the sword of mutual tariff as a template for other business deals as Trump. Through the discussions, both sides are trying to take advantage of the 90-day tariff stagnation, which ends on July 9, in which the “initial deal” is also to cover a limited set of products on the horizon.
