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PM Modi to Attend US G20 Amid Trade Deal & Russia Sanctions Scrutiny
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CNBC TV18•01-10-2026, 17:11
PM Modi to Attend US G20 Amid Trade Deal & Russia Sanctions Scrutiny
- •PM Narendra Modi is expected to lead India's delegation at the G20 Leaders’ Summit in Miami, Florida, on December 14-15.
- •The visit coincides with ongoing India-US Bilateral Trade Agreement (BTA) negotiations, complicated by shifts in US tariff regimes and Section 301 probes.
- •India's External Affairs Minister Dr S Jaishankar highlighted "bumps" in India-US ties due to trade complexities and differing sensitivities on issues like terrorism.
- •The new Lindsey O. Graham Sanctioning Russia and Iran Act, allowing tariffs on countries buying Russian oil, could strain India-US relations, as India is a major buyer.
- •US Secretary of State Marco Rubio is expected to visit India around October 18, coinciding with the deadline for the Russia Sanctions Act's implementation.
Key Questions Answered
The G20 Leaders' Summit under the US presidency is scheduled for December 14 and 15 in Miami, Florida, with Prime Minister Narendra Modi likely to lead India's delegation.
The negotiations were complicated by shifts in the US tariff regime, including the striking down of reciprocal tariffs and the rolling out of new Section 301 processes.
Signed into law on September 18, the act grants the US president authority to impose tariffs of up to 100% on countries that continue buying Russian oil and gas.
