With Democrat Joe Biden nearing majority to overthrow Donald Trump as the President of the United States, expectations heighten for improved bilateral trade ties with India. Besides restoration of the duty-free access scheme for New Delhi will be tough, a more lenient stance on the H1B visa regime and reformation and revival of the World Trade Organization (WTO) look likely, say experts.
Also, Biden is expected to soften the stance on Iran, which may mean India may be able to resume buying oil from the West Asian nation, say experts. Besides, with Democrats’ stance on China expected to remain the