India-US Interim Trade Pact Likely To Be Operationalised In April: Goyal

An interim trade agreement between India and the US is likely to be signed in March and operationalised in April, Commerce and Industry Minister Piyush Goyal said on Friday.

- Press Trust of India

Earlier this month, India and the US released a joint statement announcing a framework for an interim trade agreement.

To finalise the text of the first phase of the bilateral trade agreement, the chief negotiators of the two countries will meet in Washington next week.

The three-day meeting between the two teams will begin on February 23.

Goyal told reporters here that the pact is expected to be signed next month and may be implemented in April.

US Trade Representative (USTR) Jamieson Greer is likely to visit India in March to sign the agreement.

In an event at the AI Impact Summit here, US Ambassador Sergio Gor said that the India-US trade deal is set to be inked soon.

India on Friday joined the US-led strategic alliance Pax Silica aimed at building a resilient supply chain for critical minerals.