Overview
- MEA spokesperson Randhir Jaiswal said India and the United States remain engaged to conclude a fair, balanced, mutually beneficial bilateral trade agreement.
- A U.S. delegation led by Deputy Trade Representative Rick Switzer visited New Delhi from December 9 to 11 and met Commerce Minister Piyush Goyal, Commerce Secretary Rajesh Agrawal, and other senior officials.
- Piyush Goyal said this week the negotiations are at an advanced stage, and Rajesh Agrawal indicated India is very close to an initial framework aimed at lowering reciprocal tariffs.
- On December 24, the Commerce Ministry announced streamlined import‑quality checks that reduce paperwork, shorten approval timelines, and cut inspections.
- Talks with the European Union are also progressing, with the 14th round held in Brussels in October followed by a December visit to India by the EU Trade Commissioner.