India Says US Trade Pact Nearing Finalisation
India has said it has made “very significant progress” in negotiations with the United States on a bilateral trade agreement, indicating that the deal is close to being finalised. Officials described the talks as being in the advanced stage, with most major issues already resolved.
Talks in Advanced Stage
Government sources said discussions have moved beyond broad principles and are now focused on final technical and procedural details. India has conveyed its position clearly, and the remaining steps depend on aligning timelines and approvals between the two sides.
Key Areas of the Agreement
The proposed trade pact is expected to cover tariff adjustments, improved market access, and smoother trade rules for goods and services. Both countries see the agreement as a way to strengthen economic ties and expand bilateral trade volumes.
Momentum After EU Deal
India’s comments come shortly after the conclusion of its free trade agreement with the European Union, signalling New Delhi’s push to deepen trade partnerships with major global economies. Officials said parallel engagement with the US has continued alongside other trade negotiations.
What Lies Ahead
While no signing date has been announced, officials said the agreement could be concluded soon if the remaining issues are settled. Further consultations between trade officials are expected in the coming days.
