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US, India Fast-Track COMPACT After Delhi Talks as USTR Team Returns for Trade Negotiations

The push aims to convert February summit pledges into workable projects despite unresolved US tariffs.

Overview

  • Under Secretary Allison Hooker and Foreign Secretary Vikram Misri co-chaired Foreign Office Consultations that agreed to accelerate implementation of the COMPACT framework.
  • The review covered trade and investment, defence cooperation, civil nuclear energy, technology, critical minerals, trusted supply chains, and the TRUST initiative.
  • A high-level USTR delegation led by Deputy Ambassador Rick Switzer is set to restart formal bilateral trade talks in New Delhi on December 10–11.
  • Tariff tensions overshadow the talks, with US duties on Indian goods doubled to 50% including a 25% levy linked to Russian oil purchases, and a new threat of a 5% tariff on Indian rice.
  • Hooker’s visit continues in Bengaluru with a planned stop at ISRO and meetings across the space, energy, and technology sectors to expand collaboration.