Trade differences with the reduction of the United States, with the hope of a trade agreement soon: Sitharaman

WASHINGTON: There has been a narrowing of trade differences between India and the US. UU., Minister of Finance of the Union Nirmala Sitharaman he said, hoping that the two countries could enter into a trade agreement soon.

I hope to reach an agreement before. Obviously it is shrinking (by difference), he told a group of Indian reporters.

Sitharaman, who is here to attend the annual meeting of the International Monetary Fund and the world Bank I was answering a question about the state of the Trade agreement between India and the United States Currently it has been negotiated between the two countries.

The ministry of commerce is working on it and expects the negotiations to conclude earlier, he said.

I know the intensity with which the negotiations are taking place and some issues in which there could be some differences are being resolved. I hope they are an agreement before, he said.

Meanwhile, the US department of commerce said on Thursday the secretary of commerce Wilbur ross During his recent trip to New Delhi he emphasized the positive trends of the trade relationship between the United States and India.

Ross met with the Minister of Commerce and Industry and Railways. Piyush Goyal .

He later joined Sitharaman and Goyal in bilateral meetings to promote US business interests, the commerce department said.