India aims to boost bilateral trade with US to $500 billion by 2030, talks on FTA on: Govt official

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India wants to increase bilateral trade with the United States from $ 200 billion to $ 500 billion to 2030, according to a high-ranking state official.

The Indian government is also working on a bilateral trade agreement with the United States and is actively involved in trade with the United States, the official said, adding that talks are underway on a free trade agreement (FTA).

The government also deals with aluminum exporters with consultations due to the latest tariffs applied by the Trump administration.

Last month, Trump raised tariffs for steel and aluminum import by 25%, without exceptions or exceptions, a step provided for in a commercial war.

As for the jackets surrounding Elon Muski, starting his operations in the country, the official said that the US Ev Maker has not shown interest in India.

“India is a very open economy and is engaged in many players bilaterally and versatile. The visit of the talks to Brussels took place several months back, “the official said the EU (EU) teams, United Kingdom (Great Britain), who have already come to the country for holding FTA talks.

Speaking about exporters, feeling heated due to the continuous uncertainty of the US tariff policy, the official said that the government will help exporters.

 
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