Trade Agreement Can Contribute to ‘Better’ India-US Ties: EAM Jaishankar
Jaishankar said a trade accord could ease tensions as India and the United States keep negotiating after a 10% tariff increase, officials said.
- On Monday in New York, External Affairs Minister Jaishankar noted that a trade agreement with the United States would foster "better" bilateral ties, though expectations for rapid progress have been "tested" by complex ground realities.
- The Section 301 process remains unfolding, Jaishankar stated, creating "bumps" for the relationship last year. Both nations have reached an understanding on the trade agreement following shifts in the United States tariff architecture.
- Citing measures concerning goods produced with "forced labour," the United States imposed a 10 per cent tariff on Indian imports in July under Section 301 of the Trade Act. India remains a society of small producers and factories.
- Industry Minister Piyush Goyal previously described the pact as "done and dusted," noting it would advance once Washington extends competitive advantages to India relative to regional competitors including China, ASEAN nations, and Bangladesh.
- Jaishankar stressed that modern diplomacy extends beyond state channels, noting that in a "social media era, there is a very big public opinion factor" concerning how public sentiment functions within open democracies.
15 Articles
15 Articles
India-US Trade Deal ‘very Far Advanced’, Section 301 Remains Key Issue: EAM S Jaishankar
Get latest articles and stories on Business at LatestLY. While India-US trade talks have reached a broad understanding, changes in US tariff rules and the ongoing Section 301 process remain key issues, said External Affairs Minister S Jaishankar. Business News | India-US Trade Deal ‘very Far Advanced’, Section 301 Remains Key Issue: EAM S Jaishankar.
Section 301 Tariffs and Labour Mobility Divide Stalling India-US Trade Pact
India and the United States are navigating a complex trade impasse where a pending bilateral agreement is viewed as the primary vehicle for stabilizing diplomatic ties. External Affairs Minister S. Jaishankar indicated that while a framework for the first phase was finalized in February, the path to a signed deal has been hindered by structural economic differences and shifting US tariff policies. The core friction lies in the asymmetric nature …
What's Delaying The India-US Trade Deal? S Jaishankar Explains
New Delhi and Washington had announced the finalisation of the framework for the first phase of the bilateral trade agreement in February. However, changes in the US tariff landscape have led to further negotiations on the pact.
India-US trade deal can put ties on better track, says Jaishankar - The Tribune
External Affairs Minister S Jaishankar said finalising the India-US trade pact could strengthen bilateral ties. He noted that negotiations faced complex economic challenges but have reached a broad understanding. Jaishankar also expressed hope that resolving trade issues would help improve the overall relationship.
India-US trade deal can put ties on "better" track, says Jaishankar
External Affairs Minister S Jaishankar said finalising the India-US trade pact could strengthen bilateral ties. He noted that negotiations faced complex economic challenges but have reached a broad understanding. Jaishankar also expressed hope that resolving trade issues would help improve the overall relationship.
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