27-October-2025
Economy News
 
India, US ‘very close’ to sealing trade pact: Both sides converge on core issues, legal language being finalised amid tariff uncertainties
25-Oct-2025

India and the US are "very near" to concluding their proposed bilateral trade agreement (BTA), as both sides are converging on most issues and working on the legal language of the pact, an official said Friday. The two sides are finding common ground on pending matters, the official added, ruling out the emergence of any new issues for now. "We are very near as far as the deal is concerned. We are converging on most of the issues... As of now, no major gaps are being seen," the official said, adding that few differences remain to be resolved.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/india-us-very-close-to-sealing-trade-pact-both-sides-converge-on-core-issues-legal-language-being-finalised-amid-tariff-uncertainties/articleshow/124791695.cms