Stories
India-US Trade Deal Nearing Resolution, Says S Jaishankar
- •External Affairs Minister S Jaishankar stated that the India-US trade agreement is moving in the right direction towards a landing point.
- •He declined to provide a specific timeline or predict if the deal would be finalised before December.
- •Commerce Minister Piyush Goyal and the US Trade Representative are actively working through the remaining outstanding issues.
- •Jaishankar noted that negotiations involve comparing terms with deals secured by competing economies, adding complexity to the timeline.
Key Questions Answered
External Affairs Minister S Jaishankar stated that the bilateral trade agreement is moving in the right direction and heading towards a landing point, though some outstanding issues still need to be resolved. He noted that Commerce Minister Piyush Goyal and the US Trade Representative are actively working through these remaining points.
No, S Jaishankar declined to make public predictions or specify a timeline for when the trade agreement would be finalized. When asked if the deal would conclude before December, he remarked that he avoids public predictions in the current era.
Jaishankar explained that negotiations involve not only terms agreed upon bilaterally, but also how each nation's agreement compares with deals secured by competing economies. Because not all competing countries have finalized their respective deals, certain aspects of the ongoing discussions remain uncertain.
