Washington DC, Feb. 4 -- The President of the US-India Business Council (USIBC) at the US Chamber of Commerce, Atul Keshap, has welcomed the recently announced India-US trade deal, in which Washington reduced the tariff on Indian goods to 18 per cent, saying that the agreement sends a "very positive psychological message" to the investment and trading communities of both nations.

Speaking to ANI on the agreement, Keshap said the deal reflects nearly a year of intensive negotiations and "a great deal of serious effort", praising the contributions of key officials, including Ambassadors Sergio Gor and Vinay Kumar Kwatra, as well as Union Commerce Minister Piyush Goyal and US Trade Representative Ambassador Jamieson Greer.

He also noted th...