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Rubio and Jaishankar hold talks in Mumbai as US and India aim to finalize trade deal

  • 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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New Delhi, 20 Oct (EFE).- The US Secretary of State, Marco Rubio, said this Tuesday that Washington will have to solve possible sanctions-related obstacles to facilitate India's refining of more Venezuelan oil, an activity that, he said, New Delhi is ready to expand. India "is ready (to refine more oil [...] The Marco Rubio entrance lands in Bombay along with a delegation of more than 200 businessmen was first published in HolaNews.

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US Secretary of State Marco Rubio arrived in India on Tuesday, his second official visit to the country this year, continuing a diplomatic and trade-focused tour of Asia.

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Live Mint broke the news in New Delhi, India on Monday, October 19, 2026.
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