India and the United States are on the verge of finalizing their much-anticipated bilateral trade agreement, with both countries reaching common ground on most of the key issues, a senior official said on Friday.
According to the official, negotiations have entered the final phase, and discussions are currently focused on finalizing the wording and structure of the agreement. “We are very close to sealing the deal,” the official noted, emphasizing that only minor differences remain to be resolved.
The talks, which have been progressing steadily, no longer face any major obstacles. “Both sides are converging on most matters, and there are no new contentious issues,” the official added.
So far, five rounds of discussions have been completed between New Delhi and Washington as part of the first phase of the trade pact. The agreement is expected to strengthen economic cooperation and boost bilateral trade relations between the two countries.
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