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India and the US are "very near" to finalizing the first tranche of the ambitious Bilateral Trade Agreement (BTA), a government official said on Friday. The official affirmed that both sides are converging on most of the issues and negotiators of both the countries are sorting out "language of the agreement".
There are not many differences for the countries to reach a resolution, the official claimed. Talks are progressing well on the agreement, and no new issues are acting as hurdle in the negotiations, he further said, adding that both parties are hopeful of the deadline.
On Thursday, negotiators of both countries had a virtual discussion. So far, five rounds of talks have been completed since March for the first phase of the

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