Washington ready to discuss preferential trade deal with India: US Ambassador


Source: livemint.com livemint.com

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New Delhi: The US government is ready to hold discussions with India for a preferential trade agreement between the two countries, according to the country's top envoy, who hinted at things starting to gain momentum after a new government takes charge in India. “There's not a huge appetite in Washington for free trade agreements (FTAs)," US Ambassador to India Eric M. Garcetti said in an interview. "But I do think that there's an openness in Washington to advance a discussion about preferential trade between our countries. And so, I look forward to a new government here, and our people stand...