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Searched Tag: india us bta

The US remained India’s largest trading partner for the fourth consecutive year in 2024-25, with bilateral trade valued at USD 131.84 billion (USD 86.5 billion exports). It accounts for about 18 per cent of India’s total goods exports, 6.22 per cent in imports, and 10.73 per cent in the country’s total merchandise trade

India, US in ‘continuous’ discussions for trade pact: Goyal

November 5, 2025, 11:35 PM - 3 min read

In New Zealand on a four-day visit to discuss the India-New Zealand free trade agreement (FTA), Goyal seemed to reiterate the White House’s comment earlier on Wednesday about Prime Minister Narendra Modi being in constant touch with US President, Donald Trump

Discussions between the two sides are expected to cover key areas of the proposed FTA, including market access, non-tariff measures, and regulatory cooperation

Goyal’s visit to Brussels will shape India-EU trade pact talks

October 26, 2025, 05:13 PM - 3 min read

India’s Commerce and Industry Minister, Piyush Goyal, will be in Brussels on October 27-28 to take forward India’s trade pact negotiations with his EU counterpart as the deadline to lock a deal nears

He also said that India has made a trade-off to buy cheaper oil from Russia and “looking the other way” while the purchase is “giving money to a guy (Putin) who's murdering thousands of people every week

Buy oil from anyone but Russia: US Secy to India

September 25, 2025, 12:41 PM - 3 min read

US Energy Secretary, Chris Wright, attempted to strike a balance when he said the US does not want to “punish” India but only wants the war in Ukraine to end; Wright suggested that India buy oil from the US instead

US-Indonesia trade pact shows US's pressure tactics must be avoided: Think tank

India must tread cautiously in trade talks with US: Think tank

July 23, 2025, 03:41 PM - 3 min read

The US-Indonesia trade pact shows risks of pressure tactics that India must avoid while negotiating with the US, says think tank, GTRI

Former RBI Governor Raghuram Rajan has said India's economic growth may be only marginally affected by global trade headwinds

'India needs to be careful while negotiating trade pact with US'

July 20, 2025, 04:23 PM - 4 min read

Former RBI Governor Raghuram Rajan has said in an interview that India’s economic growth, which is now settled in the range of 6-7 per cent, will only be affected by a fraction of percentage point by global trade headwinds; he advises India to protect its agriculture sector in US trade pact

India-US conclude fifth round of talks on BTA

India, US teams conclude fifth round of talks for BTA

July 19, 2025, 01:42 PM - 3 min read

The Indian team of negotiators is back from Washington after concluding the fifth round of talks for the proposed bilateral trade agreement, said a government official. With August 1 being the latest deadline, it remains to be seen if India digs its heels in on contentious issues or gives in to US pressure

US rejects India's right to impose retaliatory duties on US tariffs on automobiles and auto parts

US rejects India’s retaliatory tariffs claim under WTO rules

July 18, 2025, 06:18 PM - 3 min read

The US has rejected India’s claim that American tariffs on auto and auto parts qualify as safeguard measures under the WTO (World Trade Organization) rules, and asserted that the duties are imposed on national security grounds

US President Donald Trump has said India and the US may soon have a deal that is on the lines of the US's deal with Indonesia

Will have Indonesia type trade deal with India, says Trump

July 17, 2025, 03:46 PM - 4 min read

The India-US trade détente seems closer than ever, with US President Donald Trump hinting at an agreement between the two countries that is on the lines of the US’s recently-finalised deal with Indonesia