Government sources have told CNBC-TV18 that India is awaiting a response from the government of the United States on the Bilateral Trade Agreement (BTA) being negotiated between both sides, stating that a fresh round of talks is not needed at this stage. Indicating that India's negotiations have been the most detailed and WTO-compliant compared to other countries, government sources informed that due care has been taken to negotiate all pending issues across different sectors.

Last month, government sources had told CNBC-TV18 that India and the United States are converging on most trade issues and are "very close to a deal" with both sides engaged in technical discussions on issues like non-tariff barriers. Expressing hope for the 1st tranche of a trade deal soon, government sources had i

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