Topic
trade negotiations
US-India trade deal could be signed in 3-4 months, US official says at ASEAN meet
A US official speaking at the ASEAN Foreign Ministers' meeting in Manila said the US-India trade deal could be signed in 3-4 months, with the Section 301 investigations being the final outstanding step. The official stated the deal is essentially complete. Separately, President Trump announced a phased tariff on generic drug imports, starting tariff-free for two years, then escalating to 100% and 200%, directly affecting India's $9.7 billion pharmaceutical exports to the US.
No Deal with US Without Tariff Advantage Framework, Says Piyush Goyal at UK-India Week 2026
India will not sign the proposed bilateral trade agreement with the United States until a framework guaranteeing a comparative tariff advantage for Indian exports is finalised, according to Union commerce minister Piyush Goyal. Speaking at UK-India Week 2026, Goyal stated that India and the US have reviewed progress on an interim trade pact covering market access, digital trade and supply chains. Both countries are working to conclude an agreement before the July 24 deadline for the expiry of Washington's temporary 10 per cent tariff regime.
India-Israel, GCC FTA Talks Temporarily Stalled Due to West Asia Crisis: Piyush Goyal
Commerce and Industry Minister Piyush Goyal announced that India's FTA negotiations with Israel and the six-nation GCC bloc have been temporarily stalled due to the West Asia crisis. Meanwhile, India is pursuing active negotiations with several other partners, including Chile, Mexico, SACU, and the Eurasian Economic Union. Goyal also highlighted a target to double India-Greece bilateral trade to $2.6 billion by 2030 and India's goal of reaching $2 trillion in exports within five years.
'It's in last 1 or 2%': US envoy Sergio Gor says India-US trade pact near finish line
US Ambassador to India Sergio Gor announced at the USISPF Leadership Summit 2026 that the India-US trade pact is 98-99% complete after an 18-month negotiation. Despite a Supreme Court intervention, US Trade Representative Jamieson Lee Greer's visit to New Delhi salvaged momentum. Gor also highlighted $20.5 billion in new US investments facilitated by the embassy and the highest level of defense cooperation between the two nations.
British MP Bob Blackman Urges Building on India-UK FTA Gains, Warns Against EU Trade Dilution
British Conservative MP Bob Blackman praised the India-UK FTA as a positive development after 15 rounds of talks, but warned that future UK-EU trade arrangements could countermand the advantages. Government sources confirmed the India-UK Comprehensive Economic Trade Agreement (CETA) is the most aspirational agreement, opening a market worth over USD 500 billion for Indian businesses, with over 99% of India's tariff lines and trade moving to zero duty.
Will India-US trade deal be announced at G7? USTR signals more talks, says pact not imminent
According to a Times of India report, the U.S. Trade Representative has signaled further talks with India, indicating that a bilateral trade deal will not be announced at the upcoming G7 summit. The report did not include specific trade figures, tariff concessions, or a timeline for a final agreement.
US Trade Representative Greer to Visit India June 23-24 for Interim Trade Deal Talks
United States Trade Representative Jamieson Greer will visit India on June 23-24, 2026, for discussions focused on finalizing an interim trade deal between the two countries. The visit aims to bring ongoing negotiations to a conclusion, following a bilateral meeting between President Trump and Prime Minister Modi in France on June 17.
India Seeks Tariff Parity for Drug Exports to US
India is negotiating with the US for tariff parity on patented drug exports, challenging a 100% duty imposed in April. The tariffs could impact India's CRDMO sector, which is growing rapidly.
India to Finalize 2-3 FTAs in Six Months, Says Piyush Goyal
India's Commerce Minister Piyush Goyal announced plans to implement 2-3 new free trade agreements (FTAs) within the next six months. This move is part of India's broader strategy to enhance international trade relations.
Indian Exporters Monitor USTR Probe Amid Trade Talks
Indian exporters are closely monitoring the US Trade Representative's investigations and bilateral trade talks, which could impact tariffs and trade dynamics. Concerns rise over proposed tariffs on China, while Indian sectors emphasize compliance with labor standards.
India-UK Trade Pact Delayed Over Steel, Carbon Tax Issues
The India-UK trade agreement faces delays as unresolved issues over steel import curbs and a proposed carbon tax persist. The UK plans to reduce steel import quotas by 60% from July 2026, while a carbon tax could impact $775 million of Indian exports.
India-EAEU Trade Talks Progress with Interim Deal Focus
India and the Eurasian Economic Union (EAEU) are advancing discussions on a temporary trade arrangement for select goods. The talks, described as complex, aim to establish a limited free trade zone.
India-US Trade Talks to Begin June 1 in New Delhi
India and the US will engage in four-day trade talks starting June 1 in New Delhi. Led by Brendan Lynch and Darpan Jain, the discussions aim to finalize an interim trade agreement and address tariffs and market access.
India, EAEU Discuss Interim Trade Deal Amid Complex Talks
India and the Eurasian Economic Union (EAEU) are negotiating a limited interim trade deal, as confirmed by Russian Minister Maxim Reshetnikov. The discussions aim to establish a temporary free trade zone for specific goods, enhancing economic ties.
India, Canada Target $50B Trade with CEPA by Year-End
India and Canada are working to finalize the Comprehensive Economic Partnership Agreement (CEPA) by the end of the year, aiming to boost bilateral trade to $50 billion by 2030. Indian Minister Piyush Goyal and Canadian Minister Maninder Sidhu are leading the negotiations.
US-India Interim Trade Deal Talks Set for June 1-4
US trade negotiators will visit India from June 1-4 to discuss an interim trade deal. The talks aim to finalize a framework agreement, potentially before US tariffs expire on July 24.
UK-India FTA Boosts Bilateral Trade Opportunities
The UK-India Free Trade Agreement, effective from May 2026, aims to enhance bilateral trade by reducing tariffs and simplifying regulations. This landmark deal is expected to significantly boost economic ties between the two nations.
India, South Korea to Tackle Trade Deficit in CEPA Talks
India and South Korea have agreed to address their widening trade deficit during the 12th round of CEPA upgrade talks. The trade deficit reached USD 15.35 billion in 2025-26. Both nations aim to double bilateral trade to USD 54 billion by 2030.