New Delhi: Union Commerce and Industry Minister Piyush Goyal on Friday made an important announcement that the interim trade agreement between India and the US is likely to be signed in March, after which it could come into effect in April.
He also shared that India's free trade agreements with Britain and Oman are also expected to come into effect from April, while such an agreement with New Zealand could be finalised by September. Accelerating action in this direction, a three-day important meeting is going to begin in the US from February 23 to finalise the legal draft between the officials of both the countries.
It is worth mentioning that earlier this month, India and the US had already made it clear by issuing a joint statement that the outline of this interim trade agreement has been prepared, which will take the economic relations of the two countries to new heights in the coming days.
Meanwhile, US Ambassador Sergio Gore made a big announcement on Friday that US Secretary of State Marco Rubio will visit India in the next few months. Speaking at the AI ??Impact Summit in New Delhi, Gore said that India and the US are taking their bilateral relations to a new level. He also hinted that the much-awaited trade agreement between the two countries will be signed very soon, which will prove to be a milestone in economic ties.