India and the United States are close to finalising a bilateral trade deal with both sides converging on most issues, said a government official on Friday.

The talks, according to the government official, are progressing well and no new issues are hindering the negotiations.

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“The negotiators of both countries are sorting out the language of the agreement. There are not many differences left for resolution,” added the government official, hinting that a trade agreement is likely soon.

The development comes a day after negotiators of India and the US held a virtual meeting to discuss the modalities of the agreement.

So far, India and the US have held five rounds of trade talks since March. The bilateral trade agreement, which was announced by the leaders of both countries,

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