Monday, December 29, 2025
14.1 C
New Delhi

India-US Talks On Bilateral Trade Deal ‘Positive’, Will Step Up Efforts For Early Pact: Commerce Ministry

The Commerce Ministry on Tuesday stated that a delegation from the United States Trade Representative’s (USTR) office, led by Chief Negotiator for the India-US Bilateral Trade Agreement, Brendan Lynch, held discussions in New Delhi with officials of the Department of Commerce. The Indian side was headed by Special Secretary Rajesh Agrawal.

In its official statement, the ministry said, “A team of officials from the office of United States Trade Representative led by Chief Negotiator, India US Bilateral Trade Agreement negotiations Mr. Brendan Lynch visited India on September 16, 2025. They held discussions with officials from Department of Commerce, led by Special Secretary, Department of Commerce on India-US trade ties including on the India-US Bilateral Trade Agreement.”

“Acknowledging the enduring importance of bilateral trade between India and the U.S., the discussions were positive and forward looking covering various aspects of the trade deal. It was decided to intensify efforts to achieve early conclusion of a mutually beneficial Trade Agreement,” it added.

Tariff Dispute Overshadows Talks

The talks come in the backdrop of steep tariffs imposed by the United States on Indian exports. Washington has levied a 25 per cent tariff along with an additional 25 per cent penalty on Indian goods, citing New Delhi’s continued purchase of Russian crude oil. The combined 50 per cent duty has been described by India as “unfair and unreasonable,” creating significant uncertainty for exporters.

This is the first visit by a senior US trade official since the tariff imposition. Lynch arrived late on Monday for the day-long talks, with both sides attempting to iron out differences that have slowed progress on the proposed Bilateral Trade Agreement (BTA), news agency PTI reported.

Negotiations Interrupted But Continue Virtually

The BTA was first initiated after leaders of both nations in February directed their teams to work towards finalising the pact, with a first tranche expected by the autumn of 2025. So far, five rounds of negotiations have been completed. The sixth round, scheduled for August 25–29, had to be postponed after the import duties were enforced.

A senior commerce ministry official clarified that the meeting with Lynch should not be seen as the sixth round of talks, but rather as a preparatory step towards it, PTI reported. The official also noted that both sides have continued to engage virtually on a weekly basis despite the setbacks.

India Defends Russian Oil Purchases

The discussions take place just days after Prime Minister Narendra Modi welcomed US President Donald Trump’s positive assessment of bilateral trade relations. India has defended its energy procurement strategy, asserting that purchases of Russian crude are based on national interest and market realities.

At the same time, the government has reiterated its commitment to safeguarding farmers, dairy producers and MSMEs in any trade agreement with Washington.

Go to Source

Hot this week

Necessity over nostalgia: Last stop ahead for Asia’s oldest tram network in Kolkata

Kolkata’s 152-year-old tram network, once a lifeline of the city, faces shutdown amid modernisation plans, sparking a legal and cultural battle to preserve a symbol of its heritage. Read More

World No. 1 Women’s Tennis Star Aryna Sabalenka Loses To 671-Ranked Nick Kyrgios: Internet Explodes

Show Quick Read Key points generated by AI, verified by newsroom Debates of superiority between men’s and women’s players are quite common in sport, and tennis often finds itself in the midst of this storm. Read More

Breaking News: Supreme Court to Hear Key Bail Challenge in Unnao Rape Case

The Supreme Court of India is set to hear a crucial case today regarding the bail granted to politician Kuldeep Singh Sengar in the high-profile Unnao rape case. Read More

‘Have Faith In Justice System’: Sengar’s Lawyer Speaks As Unnao Gang Rape Case Hearing Continues

Show Quick Read Key points generated by AI, verified by newsroom As the Supreme Court starts hearing of the high-profile Unnao gang rape case, emotions ran high outside the court. Read More

Delhi Winter: Dense Fog Grips Delhi-NCR, Visibility Drops Sharply as Weather Department Issues Alert

North India continues to reel under severe fog conditions, with dense fog blanketing Delhi-NCR since late last night. Visibility levels dropped drastically across Delhi, Noida, and Ghaziabad, impacting road traffic and slowing vehicle movement. Read More

Topics

Necessity over nostalgia: Last stop ahead for Asia’s oldest tram network in Kolkata

Kolkata’s 152-year-old tram network, once a lifeline of the city, faces shutdown amid modernisation plans, sparking a legal and cultural battle to preserve a symbol of its heritage. Read More

World No. 1 Women’s Tennis Star Aryna Sabalenka Loses To 671-Ranked Nick Kyrgios: Internet Explodes

Show Quick Read Key points generated by AI, verified by newsroom Debates of superiority between men’s and women’s players are quite common in sport, and tennis often finds itself in the midst of this storm. Read More

Breaking News: Supreme Court to Hear Key Bail Challenge in Unnao Rape Case

The Supreme Court of India is set to hear a crucial case today regarding the bail granted to politician Kuldeep Singh Sengar in the high-profile Unnao rape case. Read More

‘Have Faith In Justice System’: Sengar’s Lawyer Speaks As Unnao Gang Rape Case Hearing Continues

Show Quick Read Key points generated by AI, verified by newsroom As the Supreme Court starts hearing of the high-profile Unnao gang rape case, emotions ran high outside the court. Read More

Delhi Winter: Dense Fog Grips Delhi-NCR, Visibility Drops Sharply as Weather Department Issues Alert

North India continues to reel under severe fog conditions, with dense fog blanketing Delhi-NCR since late last night. Visibility levels dropped drastically across Delhi, Noida, and Ghaziabad, impacting road traffic and slowing vehicle movement. Read More

Breaking News: Supreme Court to Hear Key Case on Aravalli Hills Definition

The Supreme Court is set to hear a crucial case today regarding the definition of the Aravalli Hills, with a bench headed by the Chief Justice of India (CJI) presiding. Read More

Are you taking an overdose of antibiotics? ICMR backs PM Modi’s call amid rising drug resistance

In the 129th episode of Mann ki Baat, Prime Minister Narendra Modi warned against using antimicrobial resistance, urging Indians to stop self-medicating with antibiotics. Read More

Fire Breaks Out At Retirement Home In Indonesia, 16 Killed

A fire at Werdha Damai retirement home in Manado killed at least 16 people while 12 residents were rescued. Police and forensic teams are investigating the cause of the fire. Read More

Related Articles