New Delhi: India and the US are working on to resolve their trade issues early, Commerce and Industry Minister Piyush Goyal said on Monday ahead of Prime Minister Narendra Modi’s US visit later next week.
Prime Minister Modi is visiting the US during September 21-27 and will have a series of bilateral and multilateral meetings in New York.
Goyal said that India is in dialogue with the US on a range of issues and these will be announced when the prime minister and Trump will “sit down and finalise”.
“We are in continuous dialogue for the past several months with the US and we are working towards an early resolution of many of those issues. Whether a deal will be announced or not that is up to the Prime Minister and the President to decide”, Goyal said.
Trump has been pressuring India to reduce import duties on US products. He in one of his tweets had called India as tariff king who imposes tremendous high duties on American products.
Trump also withdrew Generalized Systems of Preference (GSP) benefits to India from May 5 hitting Indian exporters.
India is pressing for exemption from high duties imposed by the US on certain steel and aluminium products, resumption of export benefits to some domestic goods under the GSP and greater market access for its products from sectors like agriculture, automobile, auto components and engineering.