The government on Friday said efforts were on to “achieve early conclusion” of an India-US trade deal, much awaited by the industry and exporters. However, a statement issued by the commerce and industry ministry in the wake of the recent visit of an Indian delegation led by commerce minister Piyush Goyal to the US hasn’t spoken of any breakthrough. Some reports said the US side was insistent that India cease import of oil from Russia, for a resolution of the stand-off.

“The (Indian) delegation had constructive meetings with the US government on various aspects of the deal. Both sides exchanged views on possible contours of the deal and it was decided to continue the engagements with a view to achieve early conclusion of a mutually beneficial Trade Agreement,” the the ministry sai

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