Dynamite News India, US negotiating multi-sector Bilateral Trade Agreement: MEA
India and the US are in the process of advancing discussions on a multi-sector Bilateral Trade Agreement to strengthen two-way trade across all sectors, the Ministry of External Affairs said today. Read further on Dynamite News:
New Delhi: India and the US are in the process of advancing discussions on a multi-sector Bilateral Trade Agreement to strengthen two-way trade across all sectors, the Ministry of External Affairs said today.
MEA spokesperson Randhir Jaiswal, addressing a question regarding the issue of US President Donald Trump raising tariffs imposed by India, said at the weekly briefing: “During PM Modi’s visit to the US in February 2025, both sides announced plans to negotiate a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA)."
Also Read |
Chidambaram contests MEA assertion that farm laws were passed after full debate and discussion
Commerce and Industries Minister Piyush Goyal was in the US and met his counterparts last week.
“The two governments are in the process of advancing discussions on a multi-sector Bilateral Trade Agreement,” he said.
Also Read |
Anurag Srivastava to replace Raveesh Kumar as MEA spokesperson
“Our objective through the BTA is to strengthen and deepen India-US two-way trade across the goods and services sector, increase market access, reduce tariff and non-tariff barriers, and deepen supply chain integration between the two countries,” he added.