India and the US made progress on expanding bilateral trade during discussions in New Delhi, aiming to reach $500 billion by 2030.
Both sides agreed to a multi-sector Bilateral Trade Agreement (BTA), with sectoral engagements starting soon and an in-person negotiating round expected by fall 2025.
The discussions focused on market access, tariff reduction, and supply chain integration.
Both sides agreed to a multi-sector Bilateral Trade Agreement (BTA), with sectoral engagements starting soon and an in-person negotiating round expected by fall 2025.
The discussions focused on market access, tariff reduction, and supply chain integration.
