New Delhi, Feb. 10 -- The United States and India will move in the coming weeks to finalise an interim trade agreement, with the aim of locking in a broader Bilateral Trade Agreement that the White House says will deliver reciprocal market access and reduce long-standing tariff and regulatory barriers. In a fact sheet released days after Washington and New Delhi announced the framework in a joint statement, the administration portrayed the interim deal as a milestone in reshaping one of the world's most consequential trading relationships, while signalling that difficult negotiations still lie ahead on services, investment and government procurement.

The fact sheet, titled 'The United States and India Announce Historic Trade Deal (Interi...