{"id":84960,"date":"2025-11-14T00:00:00","date_gmt":"2025-11-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/india-us-edge-closer-to-trade-pact-after-five-rounds-of-talks\/"},"modified":"2025-11-14T00:00:00","modified_gmt":"2025-11-14T00:00:00","slug":"india-us-edge-closer-to-trade-pact-after-five-rounds-of-talks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/14\/india-us-edge-closer-to-trade-pact-after-five-rounds-of-talks\/","title":{"rendered":"India, US edge closer to trade pact after five rounds of talks"},"content":{"rendered":"

India<\/strong> and the US are close to concluding a trade agreement<\/strong>, with negotiations \u201clargely complete\u201d after five rounds of talks, Times of India<\/a> reports, quoting Commerce Minister Piyush Goyal. The proposed deal aims to lower American tariffs on Indian exports and establish a \u201cfair, equitable, and balanced\u201d framework, Piyush Goyal said.<\/p>\n

Where things stand now: <\/strong>The text of the agreement has nearly been finalized, an unnamed senior Indian government official told the daily, describing the pact as India\u2019s \u201cmost comprehensive and WTO-compliant\u201d trade agreement. Washington has yet to publicly respond.<\/p>\n

IN CONTEXT- Indian exports to the US have been dented by 50% tariffs<\/strong> imposed by US President Donald Trump earlier this year. A trade pact should ease pressure on the Indian economy, bolstering labor-intensive manufacturing. The talks also align with New Delhi\u2019s broader push to lock-in trade agreements with New Zealand, the EU, and the Gulf Cooperation Council, signalling efforts to deepen economic ties with key global partners.<\/p>\n

MEANWHILE- Foreign Minister S Jaishankar met US Secretary of State Marco Rubio on <\/strong>the sidelines of the G7 Foreign Ministers\u2019 Meeting in Canada<\/strong>, with talks centred on trade, supply chains as well as geopolitical flashpoints spanning Ukraine, the Middle East and the Indo-Pacific, per a post on X<\/a>. The meeting is Washington signalling it is \u201cclose\u201d to a new India-US trade pact, with President Donald Trump calling India one of America\u2019s most important strategic partners, according to ANI<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

The pact seeks to ease tariff pressures on Indian exports and fits into India\u2019s wider FTA push with New Zealand, the EU and the GCC<\/p>\n","protected":false},"author":1,"featured_media":84961,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2480],"tags":[2464,2402,2441],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-diplomacy","tag-enterpriseam-india","tag-trade","wpautop","entry"],"acf":{"mongo_id":"109992de-2f95-4606-ba64-9b53fe2d17b8","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/1002.jpg","photo_position":"above","homepage_title":"","full_issue_title":"India-US trade deal nears conclusion as New Delhi awaits Washington\u2019s nod","related_issue":[84952],"teaser":"The pact seeks to ease tariff pressures on Indian exports and fits into India\u2019s wider FTA push with New Zealand, the EU and the GCC","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.53ecedbd-8daa-4cef-a82d-6aa7c02ce484.mp3"},"yoast_head":"\nIndia, US edge closer to trade pact after five rounds of talks - MENA India Corridor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/14\/india-us-edge-closer-to-trade-pact-after-five-rounds-of-talks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India, US edge closer to trade pact after five rounds of talks\" \/>\n<meta property=\"og:description\" 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