08:11 AM EDT, 04/11/2025 (MT Newswires) -- The US and India have worked out the terms of reference for discussions for the first phase of a bilateral trade deal, Reuters reported Friday, citing an unnamed Indian trade official.
The official told the news outlet that there was potential for a "win-win shape and form" to the deal over the next 90 days, adding that the country was "far ahead" in trade talks with the US compared to other nations.
The US-India trade engagements will proceed regularly, the official told Reuters.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)