New Delhi: India and the US are making headway in their negotiations to conclude the first tranche of the proposed Bilateral Trade Agreement (BTA) as a team of Indian officials is likely to leave for Washington, DC this week for further talks on the issue.

“Discussions between the two countries are progressing well,” a government official said.

India has offered to increase imports of oil and gas from the US which will help to offset the trade surplus as well as enable the country to diversify its sources of energy to ensure a reliably supply amid geopolitical uncertainties.

India is also likely to sources more renewable energy technologies from the US as part of the trade package, a step that will help the country fight climate change.

The development comes in the backdrop of the new

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