TechFlow, April 22 — According to the Financial Times, the United States and India are engaged in trade negotiations with e-commerce market access as a key agenda item. The U.S. seeks equal market access for Amazon and Flipkart, Walmart's Indian subsidiary, granting them the same rights as domestic companies. Currently, foreign e-commerce operators in India can only function as third-party platforms, while local firms such as Reliance Industries are allowed to manufacture and sell their own products. U.S. Vice President Vance recently met with Prime Minister Modi, and both sides stated that progress has been made in trade agreement talks. Previously, the U.S. suspended its plan to impose a 26% tariff on Indian exports for 90 days to allow continued negotiations. India’s e-commerce market is valued at approximately $125 billion, and both nations have expressed aspirations to increase bilateral trade to $500 billion.
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