Trending TopicsVande Mataram

---Advertisement---

US delegation to arrive in India on December 9 for key trade talks

Negotiations between the two countries are scheduled for December 10 and 11, focusing on all trade-related issues as both nations work to advance the Bilateral Trade Agreement (BTA).

India, US to hold bilateral trade talks

Deputy US Trade Representative Ambassador Rick Switzer-led a high-level delegation from the office of the US Trade Representative will visit India from December 9-11, 2025, official sources said.

Commerce Secretary to lead negotiation

---Advertisement---

Negotiations between the two countries are scheduled for December 10 and 11, focusing on all trade-related issues as both nations work to advance the Bilateral Trade Agreement (BTA). Commerce Secretary Rajesh Agarwal, serving as India's Chief Negotiator, will lead the Indian negotiating team during these critical discussions.

---Advertisement---

India remains optimistic about finalising the first tranche of the India-US BTA within the current calendar year, despite recent challenges in the global trade environment. On November 28, Commerce Secretary Agarwal expressed confidence at the FICCI Annual General Meeting, stating, "I think our expectations....we are very optimistic and very hopeful that we should find a solution within this calendar year."

The talks have progressed substantially, though the original target of completing the first tranche by fall 2025 was delayed due to new developments in US trade policy, including tariffs imposed by President Donald Trump on Indian goods.

BTA aims to more than double bilateral trade

The road to the BTA has been complicated by US tariff measures, with President Trump imposing a 25 per cent tariff on Indian goods starting August 1, followed by another 25 per cent increase days later, citing India's continued purchase of Russian oil as part of reciprocal tariffs on countries where the US faces trade deficits. Despite these obstacles, multiple rounds of talks have taken place to finalise the agreement, which was formally proposed in February following directives from the leadership of both nations. The BTA aims to more than double bilateral trade from the current USD 191 billion to USD 500 billion by 2030, with talks first announced during Prime Minister Narendra Modi's visit to Washington earlier this year.

India has already signed 14 Free Trade Agreements

The upcoming negotiations reflect India's broader trade engagement strategy, as the country simultaneously pursues agreements with multiple partners. India has already signed 14 Free Trade Agreements and six Preferential Trade Agreements with trading partners and is currently negotiating FTAs with several countries, including the European Union.


Topics:

---Advertisement---