India Prepared to 'Future-Proof' Trade Deal as Sweetener in US Talks

Indian government is prepared to include a sweetener in trade talks with USA that would "future-proof" a deal by ensuring no other trade partners could have superior terms, as it pushes for a quick agreement with the Trump administration, Indian government officials announced.
The "forward most-favoured-nation" clause, rarely granted by India in previous trade negotiations, would automatically apply to the USA any more-favourable tariff arrangements that might be agreed with other countries, two officials with direct knowledge of the matter disclosed to Reuters.

Please visit www.ikargos.com for more information regarding international logistics.