Ross says US eager to make progress on trade with India

Ross says US eager to make progress on trade with India

BANGKOK (Reuters) – U.S. Commerce Secretary Wilbur Ross said on Tuesday that he was eager to make further progress on trade talks with India and wanted to hear Indian proposals that could lead to the restoration of some trade preferences.

The two countries have been locked in a trade dispute.

“We are eager to make further progress with India on that topic,” Ross said during a call with reporters during a visit to Thailand for regional meetings.

In June, the United States ended its preferential trade treatment for India, removing it from the Generalized System of Preferences (GSP) program, but Ross said he was waiting for a proposal from Indian officials to address that.

“We’re eager to hear it. And hopefully things can be dealt with. There’s nothing irreversible about the GSP decision,” he said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source : Reuters Link

Follow 3-www.NET

Category Latest Posts