The study paper by Melbourne-based think-tank Australia India Institute titled 'The G20: Challenges and opportunities Ahead', said following Prime Minister Narendra Modi's visit to the US and his talks with US President Barack Obama, India may finally sign the agreement.
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Kerry was accompanied by US Commerce Secretary Penny Pritzker who has already expressed disappointment over India's stand at the ongoing TFA negotiations for easing customs rule for free movement of goods.
Prime Minister Narendra Modi has made it clear that the agreement on food security and trade facilitation will have to go hand-in-hand.
Even as India continues on the priority watch list of the Office of the US Trade Representative, strong voices from Washington, DC, have spoken out in favour of India, reports Aziz Haniffa/Rediff.com.
India's food security concern at WTO needs solution: Modi
These concrete steps should include measures to address any number of pressing concerns, including prohibitively high tariffs and discriminatory forced localization requirements that are blocking US exports of a wide range of products.
The US agreed to India's proposal on food security issues at WTO on Thursday.
Addressing the food security concerns is important as India is still has 190 million hungry people, Cabinet Secretary Ajit Seth said at an event organised by a global think-tank The Club of Rome.
Trade ministers from 162 WTO countries will gather in Kenya's capital from Dec. 15-18 to work on an agreement to liberalise global trade.
India decided last week not to ratify WTO's Trade Facilitation Agreement.
Modi's hopeful rhetoric has not yet turned into concrete policy reform
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
Holding that transparency, predictability and upholding the rule of law are essential for better ties, a senior American diplomat today said the US is keen to restart work on a Bilateral Investment Treaty (BIT) with India for deepening economic relationship.
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
Silicon Valley can be replicated, but this will only be achieved so long as fresh talent is welcomed by both our countries - a move that will surely spark a billion ideas and discoveries.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
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