New Delhi, April 11 -- April 11:The first phase of the bilateral trade agreement between India and the US is likely to be concluded within the tariff-pause period of 90 days fixed by the Donald Trump administration, according to official sources.

The terms of reference for the agreement have been finalised and further negotiations are scheduled to take place primarily through video conferencing, although if required, Indian negotiators may visit Washington or US officials can come to Delhi, senior officials said. At the same time, a close watch is being kept to ensure that other countries do not route their exports through India to circumvent the higher tariffs imposed on them. Similarly, the Central Board of Indirect Taxes and Customs ...