"Interim Agreement With US, Not A Trade Deal": P Chidambaram Jabs Centre

"Interim Agreement With US, Not A Trade Deal": P Chidambaram Jabs Centre

Senior Congress leader P Chidambaram argued today that what India and the US have arrived at is not a deal but an interim agreement.

Lok Sabha adjourned amid Opposition protest over India-US trade framework

Proceedings in the Lok Sabha were repeatedly disrupted on Monday as Opposition members pressed for a discussion on the India–US interim trade framework, leading to adjournment of the House within minutes and no substantive business being conducted for the second time during the day.

U.S. and India Reach Framework for Interim Trade Agreement

The U.S. and India agreed on a framework for an Interim Agreement to enhance bilateral trade. Key elements include tariff reductions, market access, non-tariff barrier resolution, technology cooperation, and a $500 billion Indian purchase commitment over five years. This framework supports the broader U.S.-India Bilateral Trade Agreement.