India and the United States have signed the terms of reference for the first part of a bilateral trade deal, an Indian trade official said on Tuesday.
India and the U.S. agreed in February to work on the first phase of a trade deal to be concluded late this year, with a view to reaching bilateral trade worth $500 billion by 2030.
(Reporting by Shivangi Acharya, writing by Tanvi Mehta; Editing by YP Rajesh)