Sunday, June 28, 2026
37.6 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

‘Vigilant, lethal and ready’: US conducts strikes on 10 Iranian military targets — video

The video was released hours after the US military announced fresh strikes on Iran The US Central Command (Centcom) on Sunday shared a video showing American air and naval strikes on Iranian military targets, saying the operation wa Read More

MEA cautions Kailash Mansarovar pilgrims against incomplete travel documents after 52 Indians stranded in Nepal

Kailash Mansarovar pilgrims (ANI image) The Ministry of external affairs (MEA) has issued an advisory for Indian citizens undertaking the Kailash Mansarovar Yatra through private tour operators, urging pilgrims not to begin their j Read More

Delhi govt to soon introduce law to regulate coaching centres: CM Rekha Gupta

Photo credit: ANI NEW DELHI: Delhi chief minister Rekha Gupta on Saturday warned that coaching centres which fail to comply with mandatory safety norms will no longer be permitted to operate in Delhi. Read More

‘Ananthan Kaadu’ BO day 3: Arya’s film drops 31.7%

‘Ananthan Kaadu’ box office collections day 3: Arya’s film drops 31.7%; India Net reaches Rs 1. Read More

Topics

‘Vigilant, lethal and ready’: US conducts strikes on 10 Iranian military targets — video

The video was released hours after the US military announced fresh strikes on Iran The US Central Command (Centcom) on Sunday shared a video showing American air and naval strikes on Iranian military targets, saying the operation wa Read More

MEA cautions Kailash Mansarovar pilgrims against incomplete travel documents after 52 Indians stranded in Nepal

Kailash Mansarovar pilgrims (ANI image) The Ministry of external affairs (MEA) has issued an advisory for Indian citizens undertaking the Kailash Mansarovar Yatra through private tour operators, urging pilgrims not to begin their j Read More

Delhi govt to soon introduce law to regulate coaching centres: CM Rekha Gupta

Photo credit: ANI NEW DELHI: Delhi chief minister Rekha Gupta on Saturday warned that coaching centres which fail to comply with mandatory safety norms will no longer be permitted to operate in Delhi. Read More

‘Ananthan Kaadu’ BO day 3: Arya’s film drops 31.7%

‘Ananthan Kaadu’ box office collections day 3: Arya’s film drops 31.7%; India Net reaches Rs 1. Read More

Shahid’s ‘Cocktail 2’ surpasses Rs 120 cr globally on Day 9

‘Cocktail 2’ box office collection Day 9: Shahid Kapoor, Rashmika Mandanna, Kriti Sanon starrer surpasses Rs 120 crore worldwide Homi Adajania’s ‘Cocktail 2’, featuring Shahid Kapoor, Kriti Sanon, and Read More

PM Modi hands over Made-in-India patrol vessel, to Seychelles for maritime security

PM Modi hands over patrol vessel to Seychelles NEW DELHI: Prime Minister Narendra Modi on Saturday handed over the Made-in-India Fast Patrol Vessel (FPV) PS LESPWAR to Seychelles, reaffirming India’s commitment to strengthenin Read More

Bad Bunny: Latin star lights up London with history-making stadium show

Mitch Mansfield BBC Newsbeat, Tottenham Hotspur Stadium 13 minutes ago Bad Bunny brought Latin America to London on Saturday night, as he became the first artist from that part of the world to headline a UK stadiu Read More

Related Articles