Mumbai, Jan. 26 -- Raymond Group Managing Director Gautam Singhania on Monday said that a potential trade agreement between India and the European Union could play a crucial role in bringing the United States to the negotiating table.

Speaking to the reporters, Singhania said, "As far as the budget is concerned, the EU trade deal is expected to happen tomorrow. I think that will be a significant step to bring America to the negotiating table if India gets a very good deal with the EU."

Commenting on Maharashtra Chief Minister Devendra Fadnavis's recent visit to Davos, Singhania praised the outcomes of the trip, particularly the number of Memorandums of Understanding (MoUs) signed.

"Chief Minister (Devendra Fadnavis) visited Davos, and ...