Washington, Oct. 21 -- Union Finance Minister Nirmala Sitharaman has said negotiations between India and the United States on trade deal is going on in full speed and expressed hope that it will conclude soon.

In fact, I broadly mentioned it to Secretary Mnuchin, but that is something on which the Commerce Minister and Robert Lighthizer (US Trade Representatives) are working. My inputs are that the negotiations are going in full speed and theres a great intensity with which both sides are engaging and hopefully the deal will be structured soon, Sitharaman told reporters on Sunday.

India is demanding exemption from high duties imposed by the US on certain steel and aluminium products under its Generalised System of Preferences (GSP). Ind...