India, March 14 -- India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement, the commerce ministry said on Friday.

Chief negotiators of the two countries were scheduled to meet last month in Washington to finalise the legal text for the first phase of the bilateral trade agreement, but it was agreed to be postponed following a decision of the US Supreme Court striking down sweeping tariffs of the American administration.

The ministry has denied reports about a hold off on bilateral engagement.

"We have noted a media report regarding ongoing trade talks with the US. It is denied that there is any hold off in bilateral engagement. It is reiterated that the two sides remain engaged for a mutually ...