We don't see any challenge on India US trade deal negotiations: Commerce Secretary
New Delhi, July 13
India sees no hurdles in concluding a trade agreement with the United Statees and both sides are ready to sign once the timing is right, Commerce Secretary Rajesh Agarwal said on Monday.
Briefing mediapersons on trade data for June 2026, the Commerce Secretary said, "We don't see any challenge on India US trade deal negotiations." He added that discussions are moving forward within an agreed structure and that engagement between the two sides has been regular.
Outlining the recent round of meetings, the official stated. "Indian team visited US in May. US team visited in June."
"Talks are going on in proper framework," he said.
On the broader trade environment, Agarwal noted "IEEPA tariff has gone...", adding "Now again they are in discussion with other countries. They are having parallel investigation." India, he said, is part of the process. "We have joined consultations. All progressing in right directions."
Both governments have struck a positive tone publicly. "Both sides saying things are good..." the Commerce Secretary said adding that the key takeaway was on the status of the deal itself.
"India-US framework deal is ready. We are ready to sign. Right time is being awaited." He stressed that the groundwork is complete. "Things are getting structured. We are progressing well," he said
Trade flows remain strong in the meantime. "The trade has been going well," the secretary said, pointing to continued momentum in goods exchange despite global volatility.
Agarwal did not specify a timeline or date but underlined that there are no substantive differences left to resolve. The comments come as India released its June 2026 trade data and as New Delhi engages with Washington and other partners on tariff-related issues.
The government maintains that progress on the deal will support overall trade growth and provide greater predictability for exporters and importers on both sides.
— ANI
Reader Comments
Interesting update from India. As an American, I'm curious what "right time" means. Is India waiting for US elections to settle? Or maybe for better terms on services like IT and outsourcing? Either way, trade deals benefit both sides.
Bhai, energy imports from US is a smart move! Cheaper LNG from America can power our industries. But why no timeline? Aar ya paar karo deal ko. This limbo hurts exporters planning their strategies. Hope they don't drag it into 2027.
🤩 Great news! But let's be real - US trade negotiations always have hidden conditions. Remember the IPR issues in the past? Hope our negotiators didn't give away too much on data exclusivity and patent laws. The devil is in the details.
Honestly, this is expected. India and US have been partners but also rivals on many fronts. The IEEPA tariff gone is a good sign. But parallel investigations with other countries? That's a polite way of saying "we're watching each other". Let's hope the final deal is balanced.
From a Western perspective, this sounds positive but vague. "Framework is ready" but no timeline? That's political speak for "we're still negotiating on key points". India's IT exports and US agri imports are the usual sticking points. Hope both sides keep it pragmatic.
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