New Delhi, July 24 -- Th Ministry of External Affairs (MEA) on Thursday, July 24, responded to a question linked to the "reimposition of tariffs on Indian exports" by the United States, saying India and the US are working towards finalising the "first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA)."

The foreign ministry also said that the trade teams of both countries are presently engaged in active negotiations on the BTA and discussions are "aimed at adopting an integrated approach to further strengthen and deepen bilateral trade relations, including through enhanced mutual market access, reduction of tariff and non-tariff barriers, and closer integration of supply chains."

The question came from Shiv S...