India-US Trade Talks On Track, No Need For Additional Round Of Negotiations: Sources

Talks have progressed positively and India is seeking US' response to its trade deal proposals, sources added.

Talks have progressed positively and India is seeking US' response to its trade deal proposals, sources added.(Image Source: NDTV Profit)

India and the United States are inching closer to a comprehensive trade agreement, with government sources indicating that talks are progressing well and there may be no need for additional rounds of negotiations at this stage.

According to government sources, India has already submitted a detailed trade proposal and is now awaiting the US response. "We don’t see the need for another round of negotiations right now. The ball is in their court," a source said.

The two sides are working toward a comprehensive, WTO-compliant trade deal, aimed at strengthening market access and addressing key non-tariff barriers. Officials said that India has kept in mind all sensitive sectors, while framing its proposal to ensure that the final pact aligns with domestic economic priorities.

The negotiations form part of the broader effort to expand the India–US economic partnership, which has seen steady growth in recent years across technology, defence, and supply-chain collaboration. The trade deal, once finalised, is expected to boost investment flows and ease market access for goods and services between the two economies.

Also Read: No Compromise On Farmers, Dairy, Workers, Says Piyush Goyal Amid India-US Trade Talks

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
WRITTEN BY
Rishabh Bhatnagar
Rishabh writes on technology, startups, AI, and key economic ministries in ... more
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google