India-US trade deal negotiations reportedly ‘very near’ conclusion

Officials from India and the U.S. report that bilateral trade-deal talks are in the final stages, with most issues now converged. The Indian side maintains it will not settle for a rushed deal or one with unfavourable terms. The prospect of an agreement is seen as a positive trigger for India’s export-oriented sectors and may influence global trade flows. Analysts caution though that timing, scope and implementation details will be key to actual economic-impact.