ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Productive exchanges during senior US official Rick Switzer's visit, positive engagements to continue on trade deal: Sources

he visit of a delegation of US trade officials from the office of the US Trade Representative, led by Deputy US Trade Rick Switzer served as an opportunity for both sides to have productive exchanges on a wide gamut of items, including the ongoing negotiations for a mutually beneficial India-US Bilateral Trade Agreement, Commerce Ministry sources said on Thursday.

ANI Dec 11, 2025 23:36 IST googleads

Representative Image (File Photo/ANI)

New Delhi [India] December 11 (ANI): The visit of a delegation of US trade officials from the office of the US Trade Representative, led by Deputy US Trade Rick Switzer served as an opportunity for both sides to have productive exchanges on a wide gamut of items, including the ongoing negotiations for a mutually beneficial India-US Bilateral Trade Agreement, Commerce Ministry sources said on Thursday.
The sources said that both sides agreed to continue the current purposeful and positive engagements.
The delegation led by Rick Switzer visited India from December 9 to 11. This was Ambassador Switzer's first to India after assuming his current office.
During the visit, Switzer met with Commerce and Industries Minister Piyush Goyal, Commerce Secretary Rajesh Agrawal, and other senior Indian officials.
Rajesh Agrawal and Rick Switzer, during their meeting on Wednesday, discussed the trade and economic ties.
"Commerce Secretary Rajesh Agrawal met with U.S. Deputy Trade Representative Rick Switzer. The two sides exchanged views on matters related to India-US trade and economic ties, including on the ongoing negotiations for a mutually beneficial Bilateral Trade Agreement," Department of Commerce said in a post on X.
Foreign Secretary Vikram Misri also met Rick Switzer, with discussions covering the strong India-US economic and technology partnership, besides ongoing trade negotiations, and opportunities to boost two-way trade and resilient supply chains.
"Foreign Secretary Vikram Misri met U.S. Deputy Trade Representative Rick Switzer. Discussions covered the strong India-U.S. economic and technology partnership, ongoing trade negotiations, and opportunities to boost two-way trade and resilient supply chains," MEA Spokesperson Randhir Jaiswal said in a post on X.
Commerce and Industry Minister Piyush Goyal said on Thursday that negotiations are progressing well for the trade deal between India and United States and substantial discussions have taken place.
Interacting with the media in Mumbai, Piyush Goyal noted that a deal is done when both sides stand to benefit and it should not be negotiated with deadlines because there can be mistakes.
"Negotiations are progressing well. We've had substantive discussions over several rounds of negotiations. In the past, I think five rounds have happened. The current visit is not a negotiating round. The current visit is a new deputy United States Trade Representative (USTR) who has joined about three months ago. It's his first visit to India. We're getting to know each other...We had very good substantive discussions," he said.
"But I have said on record that a deal is only done when both sides stand to benefit. We should never negotiate with deadlines because you tend to make mistakes then," he added.
Answering a query about reported remarks of United States Trade Representative Jamieson Greer that US has received best ever trade deal from India, Goyal said "the happiness of the United States Trade Representative (USTR) is very much welcome."I do believe that if they are very happy, they should be signing on the dotted line," he said. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.