Try GOLD - Free
'Common commitment to reciprocal and balanced trade'
The Business Guardian
|February 08, 2026
The US-India Business Council (USIBC) has congratulated the US and Indian governments on establishing a framework for an Interim Agreement on reciprocal, mutually beneficial trade.
The framework, as a joint statement noted, reaffirms the countries' commitment to the broader US-India Bilateral Trade Agreement (BTA) negotiations, launched by President Donald Trump and Prime Minister Narendra Modi on February 13, 2025, which will include additional market-access commitments and support for more resilient supply chains.
"The Interim Agreement between the United States and India will represent a historic milestone in our countries' partnership, demonstrating a common commitment to reciprocal and balanced trade based on mutual interests and concrete outcomes," USIBC said in a statement.
The US and India have today announced a joint statement that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade (interim agreement), and have agreed to a framework.
This story is from the February 08, 2026 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
PSU banks profit to cross Rs 2 lakh cr milestone in FY26
Buoyed by the good health of public sector banks (PSBs), Financial Services Secretary M Nagaraju has exuded confidence that the combined profit of these banks should cross Rs 2 lakh crore in the current financial year.
2 mins
February 09, 2026
The Business Guardian
GOLD HOLDS GROUND AS TRADERS TRACK US INFLATION DATA; SILVER BRACES FOR VOLATILITY: ANALYSTS
GOld prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said Traders will look for cues from US GDP, PMI, non-farm payroll and inflation data.
2 mins
February 09, 2026
The Business Guardian
India Inc fear market disruptions despite strong growth
The FICCI-EY Risk Survey 2026 reveals that while India’s economy is projected to grow by 7.4 per cent, 68 per cent of leaders fear domestic market disruptions.
1 mins
February 09, 2026
The Business Guardian
THE WASHINGTON POST MELTDOWN: LAYOFFS, THAROORS AND THE BEZOS QUESTION
The Washington Post Is Facing Unprecedented Turmoil After Mass Layoffs, A High-Profile Exit And Growing Questions Around Owner Jeff Bezos.
7 mins
February 09, 2026
The Business Guardian
Venture capitalists must increase support for defence startups, says NITI Aayog’s Saraswat
NITI Aayog member and former DRDO director general VK Saraswat on Sunday said venture capitalists must increase financial support for Indian defence startups, which he asserted have come a long way.
2 mins
February 09, 2026
The Business Guardian
India’s ties with Malaysia strengthening Modi’s Act East Policy
The recent official visit of Indian Prime Minister Narendra Modi to Malaysia marks a significant step in strengthening bilateral ties between the two nations.
5 mins
February 09, 2026
The Business Guardian
NHAI negligence floods Kalka-Shimla Highway
Chaos erupted near Career Light Point on the Kalka-Shimla National Highway when an NHAI-operated JCB machine damaged the drinking water pipeline of a private hotel during ongoing work.
1 mins
February 09, 2026
The Business Guardian
GAINING GROUND AT THE GRAMMYS: INDIA'S RISING CRESCENDO ON THE WORLD STAGE
The 2026 Grammy Awards is a beacon of hope for the future of Indian music
3 mins
February 09, 2026
The Business Guardian
Drug peddler arrested with Charas in Baramulla
Jammu and Kashmir Police on Sunday arrested a drug peddler in Baramulla district and recovered a contraband substance from his possession, officials said.
1 min
February 09, 2026
The Business Guardian
Submer and Anant Raj Cloud team up to build AI data centres
TN exporters peg Indo-US deal will lead to double garment exports to Rs 30,000 er
2 mins
February 09, 2026
Listen
Translate
Change font size