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India-US trade agreement on table at Modi, Trump bilateral meet today

When Prime Minister Narendra Modi meets US President Donald Trump on Tuesday, the two leaders are likely to reach an understanding on outstanding trade and economic issues.

India-US trade agreement on table at PM Modi, Donald Trump bilateral meet today
Prime Minister Narendra Modi with US President Donald Trump at the ‘Howdy Modi’ event at NRG Stadium, Sunday, Sept. 22, 2019, in Houston. (AP Photo: Evan Vucci)
India and the US are likely to reach an understanding on outstanding trade and economic issues on Tuesday, in a document tentatively titled “Indo-US shared vision: near-future outcomes”, The Indian Express has learnt. It is likely to address the critical issues between the two countries and the document prepared runs into a couple of pages.
To be billed as the big takeaway, this document is likely to be issued after the bilateral meeting between Prime Minister Narendra Modi and US President Donald Trump on Tuesday afternoon. The meeting is scheduled to take place at the UN headquarters at 12.15 pm New York time (9.45 pm IST).
Commerce Minister Piyush Goyal and Commerce Secretary Anup Wadhawan met their US counterparts in a downtown hotel in New York on Monday evening to finalise the understanding, which has been in the works for a while.
The understanding is expected to address the issues related to Generalized System of Preferences (GSP), medical devices including stents and other tariff-related issues among other things.

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