The United States has said that talks on a long-pending trade deal with India are finally moving forward. A senior U.S. official told ANI that recent meetings between the two countries have gone well and that both sides are showing more cooperation.
In the past few weeks, the U.S. has also softened its earlier tough position on India buying oil from Russia. This shift has helped reduce tension and opened the way for better trade discussions after months of slow progress.
Speaking to reporters, the official explained that the U.S. is working with India on two main issues i.e. a fair, two-way trade agreement and concerns related to India’s purchase of Russian oil. “I think we’ve had a lot of positive developments with them recently,” the official said, as quoted by ANI. “We have two things going on with them. Of course, we have a reciprocal trade negotiation, but we also have a Russian oil issue, where we’ve seen market improvement on that end.”
According to the official, things are improving. “We’ve had many good developments with India,” they said. “We are talking about a balanced trade deal, and we are also seeing better conditions in the Russian oil matter.”
The official added that discussions could deliver results “before the end of the year,” though much work remains. “I’d like to say we can relax and take a break, but there’s still a lot to do,” they said, noting that the pace of progress has been “encouraging”