India-US Trade Deal Likely to Be Finalized as 2025 Draws to a Close | Looking Forward
India and the United States are scheduled to hold trade talks in New Delhi starting December 10, government sources said on Saturday.
The discussions aim to take forward negotiations on the Bilateral Trade Agreement (BTA) between the two countries.
On November 28, the chief negotiator of the deal from India, Commerce Secretary Rajesh Agarwal had said that India is hopeful of signing the first tranche of the India-US Bilateral Trade Agreement within the current calendar year.
Addressing the FICCI Annual General Meeting, he indicated that talks have progressed substantially despite recent shifts in global trade conditions.
Reflecting on the negotiations done so far, the Secretary said, “I think our expectations….we are very optimistic and very hopeful that we should find a solution within this calendar year.”
India and the US were initially aiming to complete the first tranche of an India-US Bilateral Trade Agreement (BTA) by fall of 2025, but there were new developments in the US trade policy landscape, including tariffs
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