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India-US Trade Deal Nears End, But Agreement Not Imminent: Greer
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Firstpost•02-10-2026, 09:39
India-US Trade Deal Nears End, But Agreement Not Imminent: Greer
- •US Trade Representative Jamieson Greer stated that India and the United States are in the "short strokes" of negotiating a bilateral trade deal.
- •Greer described his meeting with Commerce and Industry Minister Piyush Goyal as "very constructive," with officials diligently working towards finalizing the agreement.
- •Despite progress, Greer cautioned that an immediate announcement is not expected, as both sides are still addressing identified "sticking points."
- •The comments follow a phone call between Prime Minister Narendra Modi and US President Donald Trump, who may speak again soon to assess negotiation progress.
- •The ongoing negotiations, launched in February 2025, aim to reduce tariff and non-tariff barriers and expand market access, with Goyal currently in the US for discussions.
Key Questions Answered
US Trade Representative Jamieson Greer stated that the two nations are in the "short strokes" of negotiations and moving towards the end of the deal, though an agreement is not yet imminent.
India and the US launched their negotiations for an interim trade agreement in February 2025 to reduce tariff and non-tariff barriers and expand market access.
Commerce and Industry Minister Piyush Goyal met with Jamieson Greer on the sidelines of the G20 Trade Ministers' meeting in Milwaukee, Wisconsin.
