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Officials relieved at joint US-India economic partnership statement

india us The tone of the joint US-India Economic and Financial Partnership statement, signed on Thursday, has brought in a sense of relief among Central government officials. The reason is that this is the first time that there is no ask from Capitol Hill on economic reforms. Unlike the past joint statements of 2019 and 2016, this statement has not flagged any contentious issues. An official said this happened because the tax reforms by India in the past one year had made a positive impact. India has signed on to plans for a global minimum tax on corporations and […]

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