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Indian Team to Visit U.S. This Week for Trade Talks
The Indian trade delegation aims to resolve key market access and regulatory issues to finalize the first phase of a deal targeting $500 billion in bilateral trade by 2030.
- On Monday, a senior Indian trade delegation will travel to Washington, DC for talks on the Bilateral Trade Agreement, with government sources hopeful the first tranche will conclude by the fall deadline.
- Since February 2025, officials have held multiple negotiation rounds, briefly pausing after the Trump administration imposed tariff hikes linked to India's Russian oil purchases in August.
- Negotiators will address key market access and regulatory issues during this round, focusing on natural gas, renewable energy technologies, critical minerals and defence goods, officials say.
- Officials say the energy purchase pledge and a near-term signing timetable are intended to defuse trade tensions as India pledged to increase US energy imports and both sides expect to sign the first tranche next month, easing the 50 per cent total additional import duty.
- Parallel US and EU talks are part of New Delhi's broader strategy to strengthen supply-chain resilience, with the United States accounting for around 18 per cent of India's goods exports and a Brussels FTA round due this month.
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Indian team to visit US for trade talks this week
The deal is important for India as exporters, especially in some labour intensive sectors, have started feeling the impact of 50% tariffs in the form of delayed orders, demand for discounts and longer payment periods.
·Uttar Pradesh, India
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Bias Distribution
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50% Right
L 50%
R 50%
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