India earned Rs 4,000 crore from scrap, says Jitendra Singh, Char Dham Yatra begins in Uttarakhand with opening of Portals of Gangotri and Yamunotri shrines, PwDs eligible for railway concessional fare facility: Indian Railway,5.2-magnitude quake jolts Manipur

India-US to sustain positive, productive discussions on trade deal

Negotiations between India and the United States on a long-awaited trade agreement are gathering momentum, with officials from both sides indicating that discussions remain “positive and productive” as they work towards finalising the deal.A senior US official said the ongoing talks in Washington, DC are progressing steadily, signalling optimism around the outcome. “The Trump administration and India continue to have positive and productive discussions towards a finalised trade deal,” the official said, reflecting the constructive tone of the negotiations.
The Indian delegation will engage with officials from the Office of the US Trade Representative (USTR). Leading the American side as chief negotiator is Brendan Lynch, Assistant US Trade Representative for South and Central Asia. India’s delegation is headed by Darpan Jain, Additional Secretary in the Department of Commerce, who has played a key role in the ongoing trade discussions with Washington.Officials said the presence of senior representatives underscores the growing urgency and importance attached to the proposed agreement. While the finer details remain under wraps, the advanced stage of negotiations has raised expectations that an announcement could be imminent.The trade pact is part of broader efforts by both nations to reduce tariff barriers and expand bilateral trade ties. If concluded, the agreement would mark a significant milestone in economic relations between the world’s largest economy and one of its fastest-growing major markets.
Earlier this year, both countries had agreed on a framework for an interim trade arrangement, reaffirming their commitment to a comprehensive bilateral trade agreement (BTA). The negotiations were initiated following discussions between US President Donald Trump and Prime Minister Narendra Modi on February 13, 2025, aimed at enhancing market access and strengthening trade cooperation.US Ambassador to India Sergio Gor recently described the ongoing negotiations as a “win-win” for both nations, highlighting the significance of the Indian delegation’s visit to Washington in pushing the deal closer to completion.

Meanwhile, Commerce and Industry Minister Piyush Goyal said that the first tranche of the proposed agreement is “almost finalised,” with efforts focused on securing preferential market access for Indian goods in the US market.“We have almost finalised our free trade agreement, the first tranche of the bilateral trade agreement with them. We are trying to close the Ts and dots on that and work out what would be the mechanism by which India can get a preferential access, market access in the US market compared to our competitors,” Goyal said.

 

 

 


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

India's culinary landscape is enriched by the versatile tubers that have been cultivated and consumed for centuries. 

Read More

Crime

International drug kingpin Daniel Kinahan has been arrested in the United Arab Emirates.

Read More

Opinion

Democracy was never meant to be a mere mechanism for counting votes, nor peace a temporary pause between hostilities.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.