India–US trade thaw: Modi and Trump deal reshapes tariffs, energy ties, and global strategy.
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Firstpost05-02-2026, 14:08

India-US Trade Deal Nears: Agreement Expected by Mid-March, Joint Statement Soon

  • Commerce and Industry Minister Piyush Goyal announced that the India-US bilateral trade agreement (BTA) is expected to be signed by mid-March.
  • A joint statement regarding the agreement is likely to be issued within the next four to five days.
  • The draft of the formal agreement is currently being finalised, following accelerated talks after a Modi-Trump call on February 2.
  • Goyal highlighted that both countries have complementary economies and the deal would benefit both sides.
  • Negotiations protected sensitive sectors for both nations, with India prioritizing agriculture and dairy.

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