Bilateral Trade Agreement
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No future tariffs, fair rates, end 'forced labour' probe: What India wants from US trade deal
India has outlined key demands in its ongoing trade negotiations with the United States, including preferential tariff treatment and assurances against future tariff hikes, as both countries work towards finalising an interim trade agreement, a trade official said on Monday. A proposed bilateral trade agreement between India and the United States may only be finalised after Washington concludes its Section 301 investigations that alleged unfair trade practices, including concerns related to...
'All major issues settled': Centre's big update on US-India trade deal
India and the United States are inching closer to signing the first tranche of the proposed bilateral trade agreement, with most of the key details already settled, commerce and industry minister Piyush Goyal said on Monday. His remarks came as a high-level US delegation arrived in New Delhi for a fresh round of negotiations. Speaking about the ongoing discussions, Goyal said members of the US negotiating team had already begun arriving in India ahead of meetings scheduled for June 2, 3 and 4.
India-US deal: $140bn trade ties moves closer to new framework agreement
NEW DELHI: India and US have finalised most elements of the legal text of the first tranche of the bilateral trade agreement, with negotiations now focused on "commas and full stops", commerce and industry minister Piyush Goyal said Monday, but the treaty, in the works for 15 months, will only be sealed after there is clarity on how the Trump administration deals with the tariff mechanism once the current 10% levy goes away next month. While US is expected to rely on Section 301, under which...
India news: Putin hails Delhi ties, Trump calls Modi 'good friend'
Putin hails India ties, Trump calls Modi 'good friend' June 5, 2026What you need to know - Russia's Vladimir Putin has called India a "reliable parnter" - US President Donald Trump is confident of a trade agreement with India - Leader of the satirical Cockroach Janta Party has left for India ahead of a key protest Here are the latest developments from India on Friday, June 5. Tired of missing our real-time updates? Click here to add us as a Preferred Source on Google.
1st tranche of US trade deal by mid-July: Piyush Goyal
A day after India and the US completed another round of negotiations, commerce & industry minister Piyush Goyal said Friday that the two countries are moving towards finalising the interim trade agreement and are expected to execute the first tranche of the trade deal by mid-July. “I also met with them yesterday, and we are fast moving towards closing all the open ends. Sometime by the middle of next month or so, we should be in a position to execute a very, very vibrant first tranche.
India-US trade talks to resume on June 1 as both sides push to finalise interim pact
Trade negotiations between India and the United States are set to gain momentum, with senior officials from both countries beginning a four-day meeting in New Delhi on Monday to work out the final details of an interim trade agreement. The US delegation will be led by chief negotiator Brendan Lynch, while India will be represented by Darpan Jain, additional secretary in the department of commerce and the country's chief negotiator for the talks. According to the commerce ministry, the...
India-Oman trade pact: Govt's 'Plan B' amid Hormuz crisis
Middle East chaos has kept the crucial Strait of Hormuz squeezed for over three months now, disrupting one of the world's busiest energy corridors, sending ripples across nations. But amid the chaos, India may have quietly found a Plan B — Oman. India's free trade agreement with Oman, which comes into effect on June 1, could help keep trade and energy supplies flowing when the Gulf region hits a rough patch, according to the Global Trade Research Initiative (GTRI).
'He is a good friend of mine': Trump praises PM Modi, says US and India will get to a trade deal
US President Donald Trump on Thursday praised Prime Minister Narendra Modi, saying that Washington and New Delhi will soon reach a trade agreement. While talking to reporters in the Oval Office, Trump said that India had benefited for years from the trade imbalance, but the situation has now changed. “I like your Prime Minister a lot.
Meta accuses Australia of breaching FTA, invokes US 'trade action'
Meta accuses Australia of breaching FTA, invokes US 'trade action' SYDNEY, June 4 : Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with local media, escalating a dispute which has simmered for half a decade. The $1.6 trillion Facebook and Instagram owner said a proposal to tax platforms 2.25 per cent of all Australian revenue - including revenue unrelated to social media - was...
What do Turkiye and Indonesia want from bilateral talks?
What do Turkiye and Indonesia want from bilateral talks? Turkiye’s Foreign Minister Hakan Fidan travelled to Indonesia to cement the two states’ growing partnership. Turkiye and Indonesia aim to deepen cooperation in defence, energy and emerging technologies following high-level talks in Jakarta, as both countries push to expand economic ties in a bid to reach a $10bn bilateral trade target agreed in April last year.