India Confident Of Sealing Trade Deal With US Before Year-End

 India’s Trade Secretary has expressed optimism that a long-awaited trade agreement with the United States will be concluded before the year ends. The statement comes amid ongoing virtual negotiations between Indian and US officials, signaling progress in resolving outstanding differences. The deal is expected to strengthen bilateral economic ties and enhance market access for both nations.  

Key highlights from the announcement include  

• India expects to finalize a trade deal with the US before December 2025.  
• Most contentious issues have already been resolved through negotiations.  
• Any remaining matters could be escalated and addressed at the political level.  
• Virtual talks between Indian and US negotiators are currently underway.  
• The agreement is expected to boost bilateral trade and investment flows.  
• Key sectors likely to benefit include pharmaceuticals, IT services, agriculture, and manufacturing.  
• The deal would mark a significant milestone in India-US strategic and economic relations.  
• Analysts note that resolving trade frictions could pave the way for deeper cooperation in technology and defense.  

The anticipated agreement reflects the growing importance of India-US economic engagement at a time of global uncertainty. By addressing outstanding issues and moving toward resolution, both nations aim to unlock new opportunities for businesses and strengthen their strategic partnership.  

Sources: Reuters, Economic Times, Business Standard, Moneycontrol