American business community would wait and watch on Modi's trade policies

Although the Indo-US Trade Policy Forum meet in New Delhi was a success, but the US business community would wait and watch for the Indian government's trade policies, particularly the areas of concern.

"We look forward to concrete and near-term steps to address and resolve these barriers", the Alliance for Fair Trade with India said in a statement at the conclusion of the talks yesterday.

US Trade Representative Michael Froman lead the American delegation while Commerce and Industry Minister Nirmala Sitharaman represented India at the talks.

"Only then can the United States and India reach the full potential of their economic relationship. We will continue to engage at every level to urge progress and results toward a fair and level playing field in US-India trade", the statement said.

After four year's gap, this was the first trade policy meeting between the two countries.

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