News Snapshot:
India and the US are in advanced talks for an out-of-court settlement to resolve seven trade disputes at the World Trade Organization (WTO), and headway is expected soon, said a person aware of the development. This development coincides with Prime Minister Narendra Modi’s crucial three-day state visit to the US from 21 June, during which various strategic issues are expected to be discussed. “There are seven disputes between India and the US at the WTO. Talks for an out-of-court settlement are at an advanced stage. So, after we reach an agreement, we could approach the dispute settlement panel and mutually...
