New Delhi, July 6 -- The opening of India's $52 billion annual government procurement business on a reciprocal basis while protecting Indian small and medium enterprises is a key feature of India's trade negotiations with the US and the EU, people in the know said. The recently concluded India-UK free trade agreement has a chapter on government procurement and the same template, with country-specific changes, could be applied in other two deals under negotiations, the people added, requesting anonymity. To protect MSMEs, government contracts below Rs.200-250 crore each may be kept out the purview of the trade agreements, the people said. And in an effort to protect domestic industry, companies from countries with which India has FTAs could ...