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India U.S. Hold First Trade Dialogue in Four Years

Posted November 25, 2014

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(Reuters)

The United States and India held their first round of formal trade talks in four years on Tuesday, seeking to capitalise on the resolution of a global trade dispute to repair a dialogue that had fallen into neglect.

While the two sides reported no breakthroughs at the Trade Policy Forum, they did set out a work schedule to follow up on talks that focussed on agriculture, services, manufacturing and intellectual property rights, a joint statement said.

U.S. Trade Representative Michael Froman said he was cautiously optimistic after the talks, but played down hopes of major “deliverables” at President Barack Obama’s visit to India in January, his second after a trip in 2010. Read more here.