New Delhi, Nov. 14 -- IndiaIndia could secure a tariff advantage over competing economies in the US market under the proposed bilateral trade agreement with Washington, potentially giving Indian exporters a stronger footing against rivals such as Vietnam, Bangladesh and China.

The United States has assured India of a comparative tariff advantage over its competitors under the proposed trade pact, news agency ANI reported, quoting a senior government official.

However, the actual extent of this advantage will depend on the final tariff structure and the outcome of ongoing trade investigations.

"The US has assured India of a comparative tariff advantage over its competitors in the trade deal. We will have to see how the tariff framework ...