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India, US Eye Early Trade Deal Before July Deadline
Hindustan Times Gurugram
|June 27, 2025
India and the US on Thursday commenced another round of bilateral trade negotiations within this month, aiming to expedite a mutually beneficial early harvest deal before the Trump administration's country-specific reciprocal tariffs on merchandise imports from 57 nations, including India, kick in from July 9, people in the know said.
NEW DELHI:
The Indian negotiating team, led by chief negotiator and special secretary-commerce Rajesh Agrawal, reached Washington to commence two-day deliberations on Thursday, mainly to resolve current bilateral trade issues so that the two sides agree on an interim deal, paving the way for the first tranche of a proposed Bilateral Trade Agreement (BTA) by September-October 2025, they said, requesting anonymity. After the conclusion of the first tranche, the two parties will negotiate a comprehensive free trade agreement (FTA) to double the bilateral trade to $500 billion by 2030.
यह कहानी Hindustan Times Gurugram के June 27, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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