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11mo

India and US Accelerate Trade Talks Amid Tariff Pause

  • Union Finance Minister Nirmala Sitharaman and senior commerce officials are heading to the US to engage with the Trump administration, aiming to deepen economic ties.
  • The visits are part of a strategic approach by New Delhi, with Sitharaman smoothing talks and Commerce Minister Piyush Goyal's team handling negotiations.
  • Meetings will include discussions with the IMF, World Bank, and US officials, focusing on the proposed bilateral trade agreement (BTA).
  • India aims to conclude the first tranche of BTA negotiations before the September-October 2025 deadline, with a focus on trade liberalization.
  • Concurrently, India's chief negotiator Rajesh Agrawal will address technical issues in Washington, setting the stage for further negotiations.

Source: Hindustan Times, The Times Of India

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11mo ago
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