India-US Trade Talks Intensify as Goyal, Lutnick Meet for Pact
India-US Trade Talks Intensify as Goyal, Lutnick Meet for Pact
India and the US push forward on a bilateral trade pact as Commerce Minister Piyush Goyal meets US Secretary of Commerce Lutnick in New Delhi to finalize the first-phase legal text.
In New Delhi, Commerce Minister Piyush Goyal met US Secretary of Commerce Lutnick and Ambassador Gor to push forward the India-US economic partnership.
The discussions centered on finalizing the legal text for the first phase of a bilateral trade agreement, with both sides seeking to expand market access, safeguard sensitive sectors, and deepen investment ties.
Officials emphasized that the talks aim to deliver a balanced framework that supports India's manufacturing and services sectors while offering predictable, rules-based access for American firms.
The meeting marks a continuation of a wider agenda to align on trade rules, technology cooperation, and supply-chain resilience as the two democracies navigate a rapidly changing global economy.
Next steps include continued negotiations with a view to a formal joint statement once the legal text is aligned.