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'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.
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'Common commitment to reciprocal and balanced trade'
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.
2 mins
February 08, 2026
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