India, US review trade talks, aim for interim deal before July 24
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India and the United States have concluded two days of ministerial-level talks on a proposed bilateral trade agreement, reviewing progress on issues including market access, digital trade, and non-tariff barriers.
US Trade Representative Jamieson Greer met Commerce and Industry Minister Piyush Goyal in New Delhi from June 22 to 24 to discuss the first phase of the proposed pact.
According to the Commerce Ministry, both sides assessed progress made by negotiating teams and reaffirmed their commitment to a balanced and commercially meaningful agreement.
In a statement, the ministry said both sides reaffirmed their commitment to a balanced and commercially meaningful agreement that delivers benefits for businesses, farmers, workers, and consumers in both countries.
India is seeking preferential tariff treatment under the proposed pact, particularly after changes in US tariff policy reduced the advantage it expected to enjoy over competing exporters such as Vietnam and other ASEAN countries.
The discussions focused on finalising an interim deal before the expiry of Washington's temporary 10 per cent tariff on imports on July 24.
The United States was India's second-largest trading partner in 2025-26, with bilateral trade exceeding USD 140 billion during the fiscal year.