India and the United States have reported “positive progress” in trade talks held in New Delhi, India, aiming to finalize the first phase of a bilateral trade agreement by fall 2025. The Indian Commerce Ministry stated that both sides are committed to building a mutually beneficial trade relationship, addressing long-standing trade barriers and tariff issues. This development marks a significant step forward in strengthening economic ties between the two countries.
India’s Ministry of Commerce and Industry has announced “positive progress” in trade negotiations with the United States, aimed at concluding the first phase of a bilateral trade agreement by fall 2025. The talks were held between senior trade officials from both nations last week.
The Indian Ministry of Commerce and Industry, responsible for formulating and implementing foreign trade policy and promoting international trade, confirmed that the negotiations focused on aligning interests in areas like tariffs, market access, and regulatory cooperation.
According to the official statement released on April 29, both countries remain committed to reaching a “mutually beneficial” agreement that enhances economic cooperation and strengthens trade ties.
This development comes amid ongoing efforts by both countries to expand strategic and economic relations, particularly in sectors such as technology, agriculture, pharmaceuticals, and digital trade.
The negotiations form part of broader efforts to solidify India–US economic ties, with both nations viewing this pact as critical to ensuring supply chain resilience and diversifying trade partnerships in an evolving global trade environment.