New Delhi, May 10 -- The limited trade agreement between the US and the UK has raised concerns among Indian trade experts, who see the pact as a potential template for a "mini deal" Washington may push New Delhi to sign.
The deal, announced on 8 May, appears to be heavily tilted in the US's favour, with London granting sweeping market access in return for relatively modest tariff cuts-a lopsided outcome that Indian negotiators should avoid, said a brief report by the Global Trade Research Initiative (GTRI) released on Saturday.
The trade policy think tank cautioned that India may soon come under similar pressure to finalise a narrowly focused trade package with the US, centred on tariff cuts, strategic market openings, and large-value c...
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