US trade pact close, comprehensive deal to skip patents

and atomic energy, but issues such as patents and certain regulatory matters will stay outside its scope,” said the first among the two cited above. “It will also include services and investment flows, while addressing procedural barriers that businesses face in accessing each other’s markets.”

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India’s exports to the US increased from $34.21 billion in FY25 (April-August) to $40.35 billion in FY26 over the same period, an increase of 18.0%. Imports also grew by 8.5%, from $19.91 billion to $21.61 billion. This brought total bilateral trade between India and the US during the period to $61.96 billion in FY26, up from $54.12 billion in FY25, marking a growth of 14.5%.

Queries sent to the ministry of commerce and external affairs remained unanswered.