The US administration's 25 per cent blanket tariffs on Indian goods is "unfortunate" but are poised to be short-lived, as both the partner countries are working on a Bilateral Trade Agreement (BTA), Vimal Pruthi, Partner, International Trade, EY India, said on Friday.
Foreign Secretary Vikram Misri revealed on Thursday that India has been actively engaged in discussions with the US on a potential Bilateral Trade Agreement (BTA), emphasising the ongoing contacts with partners in the US.
Speaking to reporters, Piyush Goyal said, "Negotiations are going on at a very fast pace and in the spirit of mutual cooperation so that we can come out with a win-win trade complementing agreement with the United States."
India is making concrete progress toward finalizing a Bilateral Trade Agreement (BTA) with the United States, with both countries committed to following the path outlined by their respective leaders, a senior government official said on Monday.
A high-level team from India's Commerce and Industry Ministry has arrived in Washington DC, to take forward crucial negotiations for a Bilateral Trade Agreement (BTA) with the United States.
Indian stock benchmarks closed their first day of the week with slight gains in the account, as investors remained cautious ahead of anticipated U.S. tariff announcements.
Indian industry is prepared for any outcome regarding the proposed bilateral trade agreement with the United States, Confederation of Indian Industry (CII) President Rajiv Memani said on Wednesday, emphasizing that the country's business sector will not pursue deals that compromise nation
Speaking on the sidelines of the 16th Toy Biz B2B expo in New Delhi, Goyal made it clear that India's approach to international trade negotiations remains firm and principled.
US State Department Deputy Spokesperson Mingon Houston on Wednesday (local time) emphasised that India is an "essential partner" of Washington in the Indo-Pacific region as the talks for a bilateral trade agreement between both nations are underway.
US President Donald Trump on Tuesday (local time) reaffirmed that India-US will soon strike a trade deal with "much less tariffs", allowing both countries to compete.
The Indian delegation is being led by Chief Negotiator Rajesh Aggarwal, who is holding talks with officials from the Office of the United States Trade Representative (USTR)
Government sources emphasised that India's national interests will remain paramount in ongoing negotiations, even as both nations work intensively to reach an interim deal before the deadline expires