India and the United States have recently come to an agreement to engage in sector-specific discussions to pave the way for a bilateral trade deal with the goal of boosting trade to USD 500 billion by 2030. The talks will primarily center on expanding market access, cutting tariffs, and improving supply chains between the two nations. The US is pushing for duty concessions across several sectors, while India is looking to secure advantages for its labor-intensive industries. This move signifies a significant step towards strengthening economic ties and fostering greater collaboration between India and the US. The negotiations are expected to address key issues and pave the way for a comprehensive trade agreement that benefits both countries. Stay tuned for more updates on this developing story.

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India, US to Hold Sector-Specific Talks for Trade Agreement, Targeting $500 Billion Trade by 2030
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