India to go slow on trade deal with US, both sides to work on wider FTA

Trump had said a comprehensive trade agreement with India would take much longer to finalise than earlier expected

After the euphoria over US President Donald Trump’s visit died down amid no clear deadline for concluding a trade deal, India is now aiming to go slow on the negotiations front. 

But rather than planning a limited trade pact, both sides now want to create a comprehensive free-trade agreement (FTA) which will be wider in scope. Senior officials said both nations have agreed to go back to the drawing board and prepare better concession offers on most issues. They include medical devices, agriculture and high-value tech goods. 

Talks with India’s second-largest trade partner will be reset on trade concepts such as export