Business EconomyPosted at: Jul 13 2026 5:45PM


Consultations in right direction, don't see any challenge: Commerce Secy on India-US trade deal

New Delhi, Jul 13 (UNI) Commerce Secretary Rajesh Agrawal on the India-US trade deal said Consultations are progressing in the right direction, and both sides remain positive.
"We don't see any challenge in India-US trade deal negotiations. Consultations are progressing in the right direction, and both sides remain positive. The India-US framework trade deal is ready for signing at an appropriate time. Trade ties continue to strengthen, including energy imports from the US," he said.
Union Commerce Minister Piyush Goyal also said India and the US teams are fully engaged for a trade pact that is balanced, commercially meaningful, and delivers tangible benefits for businesses, farmers, workers, and consumers.
He said that he had a meeting with US Trade Representative Jamieson Greer here last month.
"Both sides reaffirmed their commitment to an agreement that is balanced, commercially meaningful, and delivers tangible benefits for businesses, farmers, workers, and consumers in both countries. Our teams remain fully engaged in achieving this objective," Goyal said in a social media post.
Last month, a delegation led by the US Trade Representative (USTR), Jamieson Greer, held a meeting with the Indian negotiators amid ongoing discussions on an interim deal and the broader Bilateral Trade Agreement (BTA).
Ambassador Greer was accompanied by the US Ambassador to India, Sergio Gor, and a senior American trade delegation for the high-stakes discussions, an official account on X said.
Commerce Minister Goyal met the US Trade Representative, and both sides sought to conclude an interim trade pact before July 24, when Washington’s temporary 10 per cent tariff on imports from trading partners is due to expire.
Greer was in India on a two-day visit coming after the Prime Minister Narendra Modi and US President Donald Trump held their first meeting in more than a year on the sidelines of the G7 summit in France on June 17, injecting fresh momentum into trade negotiations that both sides see as critical to strengthening economic ties.
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