India-US Trade Deal 99% Done, Signing Expected in Weeks, Predicts Sergio Gor
Negotiators are finalizing the last 1% as a U.S. delegation prepares to visit India next week, officials said.
- On Friday, U.S. Ambassador to India Sergio Gor said the bilateral trade deal is 99% complete, with Washington expecting a signing in the coming weeks.
- U.S. Secretary of State Marco Rubio's substantive four-day visit to New Delhi, which ended May 26, accelerated negotiations and sought to strengthen the strategic alliance between both nations.
- Bilateral trade in goods and services has skyrocketed from $20 billion to over $220 billion over the past two decades, reflecting deeper economic integration between the countries.
- A U.S. delegation led by Trade Representative Jamieson Greer will visit India from June 1-4 to finalize remaining clauses, continuing discussions held in Washington in April.
- The TRUST initiative is deepening cooperation in critical technologies like artificial intelligence and semiconductors, positioning both nations to shape the global balance of power.
21 Articles
21 Articles
The much-awaited interim trade agreement between India and the US has now reached the final stage. According to US Ambassador Sergio Gore, most of the negotiations between the two countries have been completed. The agreement is expected to be signed in the next few weeks. This deal can give new strength to the economic relationship between the two countries in the field of trade, investment, digital business, energy and emerging technologies.
The last 1%: India-US trade deal enters final stretch, crucial round of talks begins next week
The India-US trade agreement has entered its final phase, with just “1%” of the negotiations left to be completed, according to US Ambassador Sergio Gor. The remarks come ahead of a crucial round of talks scheduled in New Delhi next week, raising expectations that the long-awaited trade pact could be signed in the coming weeks. Speaking at the Indian Institute of Technology (IIT)-Delhi on Friday, Gor said an Indian negotiating team had recently …
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