India-US trade: give some, take some
Livemint, July 29, 2016

By PRADEEP S MEHTA

Both India and the US must differentiate between core and non-core issues to make way for trade-offs for a mutually beneficial deal
India and the US have long shared democratic values, a vibrant multicultural fabric, entrepreneurial spirit and economic interests. Despite Indo-US trade being worth more than $100 billion today, their economic relations are facing a bit of a headwind. Given the changing geo-economic calculus in the world, a strong and renewed commitment between India and the US is vital. Arguably, a bilateral investment treaty (BIT) would enhance the political commitment, reduce uncertainties and boost the investment climate. Albeit, like any other international agreement, both must be willing to give some and take some.  More...