Win-win for India U.S trade
2023 • 17min • News • Business
Published On: June 26, 2023 - Experts have praised the recent resolution of six trade disputes between India and the US at the World Trade Organisation (WTO), highlighting its potential to enhance bilateral trade and reinforce economic relations. They suggest that establishing a robust mechanism for addressing trade-related issues directly between the two nations would be beneficial, reducing the need to resort to WTO complaints. Additionally, as part of the agreement, India has agreed to lift retaliatory customs duties on 28 American products, including almonds, walnuts, and apples.