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 United States and the European Union, people in the know said. The recently concluded India-UK free trade agreement (FTA) 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. In order to protect micro, small and medium enterprises (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 ...