Promising Path for India-US Trade Negotiations

In a significant development, Commerce and Industry Minister Piyush Goyal announced that trade discussions between India and the United States are advancing positively. The talks, held in New Delhi, highlighted the natural partnership between the two nations, as Assistant US Trade Representative Brendan Lynch engaged with Indian officials on September 16.

The discussions were marked by optimism and a shared resolve to push for an early and mutually beneficial conclusion to the bilateral trade agreement. Goyal stressed the absence of trade friction, emphasizing America's role as a trusted partner in the negotiations.

Amidst the backdrop of steep tariffs imposed by the US on Indian goods, these talks take on added significance. Leaders from both countries initiated the negotiation process for a Bilateral Trade Agreement earlier this year, with a target to complete its first tranche by fall 2025. Now, both nations intensify efforts to advance the agreement in the face of trade challenges.

(With inputs from agencies.)