Rubio and Jaishankar hold talks in Mumbai as US and India aim to finalize trade deal
Rubio said only a few issues remain as the two sides seek to wrap up a trade agreement and expand energy and defense cooperation.
- US Secretary of State Marco Rubio arrived in Mumbai on Tuesday for a three-day visit to advance bilateral cooperation in trade, energy, and technology while pushing to finalize a near-complete India-US trade deal.
- President Donald Trump's recent waiver of sanctions on Russian oil imports eased immediate pressure; Rubio linked this decision to ongoing trade negotiations aimed at resolving tariff friction between the two nations.
- Rubio will visit the world's largest refining complex in Jamnagar, Gujarat, on Wednesday, signaling efforts to address business community concerns and explore deeper energy ties with Reliance Industries.
- External Affairs Minister S. Jaishankar held bilateral talks with Rubio in Mumbai, after which both leaders attended a reception marking the 250th anniversary of American independence to demonstrate enduring diplomatic solidarity.
- Although officials suggest the trade deal is nearing a "landing point," both nations continue navigating complex challenges over market access and energy security to achieve a comprehensive bilateral agreement.
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NEWS HEADLINES: Rubio in Mumbai: U.S. State Secy. holds talks with India’s external affairs minister, addresses Freedom 250 reception – One America News Network
U.S. Secretary of State Marco Rubio speaks during the Freedom 250 reception at the Jio World Convention Centre in Mumbai on October 20, 2026. (Photo by Kylie Cooper / POOL / AFP via Getty Images) OAN Staff Katherine Mosack11:00 AM – Tuesday, October 20, 2026 U.S. Secretary of State Marco Rubio has reportedly arrived in Mumbai for a two-day visit and to deliver remarks at the Freedom 250 reception at the U.S. Embassy in India. During his Tuesday …
U.S. And India 'Very Close' To Finalizing Trade Deal, Rubio Says
U.S. Secretary of State Marco Rubio said Tuesday that the United States and India are nearing the finish line on a bilateral trade agreement, noting that only a handful of unresolved issues remain before the deal is finalized. Speaking to reporters during a press gaggle on his second visit to India in recent months, Rubio […] U.S. And India ‘Very Close’ To Finalizing Trade Deal, Rubio Says
The US Secretary of State, Marco Rubio, during his visit to Mumbai, said that India and the United States are "very, very close" to a possible free trade agreement: the Indian media, including the Hindustan Times and, on their ... (ANSA)
United States Secretary of State Marco Rubio confirmed today that the United States and India are very close to reaching a trade agreement, noting that progress has been made in the ongoing negotiations between the two sides on a number of outstanding economic and trade issues.
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