India, US Resume BTA Talks: Gor Pushes for Trade Deal with 'Real Friends'

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Firstpost•13-01-2026, 09:11
India, US Resume BTA Talks: Gor Pushes for Trade Deal with 'Real Friends'
- •India and the US are set to resume Bilateral Trade Agreement (BTA) talks after a five-month hiatus.
- •US Ambassador-designate Sergio Gor arrived in India and emphasized the strong relationship between the two nations, calling PM Modi a "real" friend of President Trump.
- •Gor acknowledged the complexity of the trade negotiations, stating that both sides are actively engaged and a call on trade will occur soon.
- •The US has imposed a 50% tariff on India, with 25% as a punitive measure for buying Russian oil.
- •A proposed agreement aims to more than double bilateral trade to $500 billion by 2030, building on the US being India's top trading partner for FY25.
Why It Matters: India and the US restart BTA talks, aiming for a significant trade boost despite tariff challenges.
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