India’s Strategic Position in Bilateral Trade Talks with the US

&NewLine;<figure class&equals;"wp-block-image size-large hts-content-image"><img src&equals;"https&colon;&sol;&sol;images&period;unsplash&period;com&sol;photo-1697145556487-733e6bf5070e" alt&equals;"India&&num;039&semi;s Strategic Position in Bilateral Trade Talks with the US"&sol;><&sol;figure>&NewLine;<h2>Introduction<&sol;h2><p>As India prepares to engage in bilateral trade talks with the United States beginning on May 17&comma; the country faces a critical opportunity to assert its position on the global economic stage&period; Leading trade policy expert Biswajit Dhar has emphasized the importance of these negotiations&comma; particularly in the context of India&&num;8217&semi;s demands and leverage&period;<&sol;p><h2>Understanding the Importance of These Talks<&sol;h2><p>During the discussions&comma; India must clearly outline its expectations and requirements&period; According to Dhar&comma; invoking the World Trade Organization &lpar;WTO&rpar; for retaliatory tariffs should not be viewed as an extreme measure&semi; instead&comma; it is a legitimate tactic that displays India&&num;8217&semi;s commitment to protecting its economic interests&period; The focus should be on maintaining dialogue while being ready to take necessary actions to defend India’s trade policies&period;<&sol;p><h2>Preparing for Effective Negotiations<&sol;h2><p>To ensure India’s demands are taken seriously&comma; it is essential for the Indian delegation to come well-prepared&period; This involves a thorough understanding of both countries&&num;8217&semi; economic landscapes and ready responses to potential challenges arising from the talks&period; A proactive stance could lead to a more favorable outcome and a stronger bilateral relationship with the US&comma; paving the way for enhanced trade cooperation in the future&period;<&sol;p>