date:Sep 26, 2019
al Assembly meeting.
While Foreign Secretary Vijay Gokhale did not share details on why a trade package could not be concluded, three sources familiar with the negotiations told that the prospects of an agreement unravelled due to the failure to reach an agreement on Information and communications technology (ICT) products. The US has wanted India to eliminate tariffs (20%) on ICT products, but New Delhi is concerned that this could open up the market to flooding by Chinese technology.
On its