01-May-2025
Economy News
 
India prepared to 'future-proof' trade deal as sweetener in US talks, sources say
30-Apr-2025

New Delhi is prepared to include a sweetener in trade talks with Washington that would "future-proof" a deal by ensuring no other trade partners could have superior terms, as it pushes for a quick agreement with the Trump administration, Indian government officials said. The "forward most-favoured-nation" clause, rarely granted by India in previous trade negotiations, would automatically apply to the U.S. any more-favourable tariff arrangements that might be agreed with other countries, two officials with direct knowledge of the matter told Reuters.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/india-prepared-to-future-proof-trade-deal-as-sweetener-in-us-talks-sources-say/articleshow/120730516.cms