Business · India Bureau
India-US trade deal near completion, says Rubio
US Secretary of State Marco Rubio has indicated that negotiations on a long-awaited trade agreement between India and the United States are at an advanced stage, with only a few outstanding issues remaining to be resolved.
LSN India ·

Marco Rubio, the United States Secretary of State, has signalled that a comprehensive trade deal with India is close to finalization, though some items still need to be settled between the two nations. Speaking about the ongoing negotiations, Rubio expressed optimism about reaching a breakthrough, suggesting that an announcement could come soon if the remaining sticking points are resolved.
The potential trade agreement has been a key focus of bilateral relations between New Delhi and Washington as both countries look to deepen economic ties and strengthen their strategic partnership. Previous rounds of negotiations have covered a range of sectors, including agriculture, manufacturing, and services, which form the core of India-US commercial interests.
Rubio's comments suggest that negotiators from both countries are in the final stages of hammering out a deal that could benefit businesses and consumers on both sides. The US and India have been working to overcome tariff-related disagreements and other trade barriers that have complicated talks in recent months.
The completion of this agreement would represent a significant milestone in India-US relations and could provide a framework for expanded commercial cooperation between Asia's third-largest economy and the world's largest. Officials from both nations have previously indicated their commitment to concluding negotiations at the earliest.