September 3, 2026 5:05 PM

India-US trade pact to be finalised once Washington offers preferential terms: Piyush Goyal

India will announce the final details of its Bilateral Trade Agreement (BTA) with the United States only after Washington agrees to offer preferential tariff terms over India's competitors, Commerce and Industry Minister Piyush Goyal said on Thursday. "As soon as the US is able to give us the preferential rate in comparison to our competition, we will finalise the BTA and announce the final details," Goyal said, addressing a national workshop on Leveraging FTAs Outreach program. The minister s...

August 6, 2026 8:14 PM

Parliamentary Panel urges early India-US trade pact, calls for stronger safeguards against US tariffs

The Department-related Parliamentary Standing Committee on Commerce has recommended the early conclusion of the proposed India–US Bilateral Trade Agreement (BTA), while stressing that India's strategic and commercial interests must remain fully protected. The panel also called for a comprehensive review of bilateral trade relations in view of recent US tariff measures that have affected several export-oriented sectors. The 200th report of the Rajya Sabha Committee on Commerce, chaired by Rajy...

February 9, 2026 1:16 PM

India unlocks preferential access to $30-trillion U.S. market under landmark trade agreement

India has secured a major breakthrough in global trade with the signing of the India-U.S. Bilateral Trade Agreement, unlocking preferential access for Indian exports to the United States’ massive $30-trillion market. The agreement delivers sweeping tariff reductions, zero-duty access across key sectors, and enhanced cooperation in digital trade, technology and healthcare - while carefully safeguarding India’s farmers, MSMEs and sensitive industries. With India’s exports to the U.S. standi...

May 20, 2025 10:59 AM

Good discussions on expediting first tranche of India-US trade pact: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Tuesday said that he had held fruitful talks with US Commerce Secretary Howard Lutnick towards concluding the first tranche of the India-US Bilateral Trade Agreement (BTA). India and the US are working to sign the first tranche of the BTA to reduce tariffs before the agreed timeline of fall 2025, as the terms of reference for the pact have already been finalized. “Good discussions with Secretary @Howard Lutnick towards expediting the first...