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India, US Eye Early Trade Deal Before July Deadline
Hindustan Times Navi Mumbai
|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.
Denne historien er fra June 27, 2025-utgaven av Hindustan Times Navi Mumbai.
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