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Key Points

US Chief Negotiator Brendan Lynch is arriving in New Delhi to resume trade negotiations between India and the United States. Both sides are approaching the talks with a positive mindset as they work toward doubling bilateral trade to $500 billion by 2030. Meanwhile, the Indian government is finalizing a Rs 25,000 crore Export Promotion Mission to support domestic exporters. This flexible scheme aims to protect Indian businesses from global trade uncertainties and tariff changes.

Key Points: US Chief Negotiator Arrives New Delhi to Resume India Trade Talks

  • US Chief Negotiator Brendan Lynch arrives Monday night for trade talks
  • Discussions aim to double bilateral trade to $500 billion by 2030
  • Government prepares Rs 25,000 crore Export Promotion Mission for exporters
  • New scheme designed to be flexible and address exporter concerns
2 min read

US Chief Negotiator arriving in New Delhi to resume trade talks, govt set to finalise Export Promotion Mission

US Chief Negotiator Brendan Lynch arrives in India as nations resume trade negotiations aiming to double bilateral trade to $500 billion by 2030.

"There is a positive frame of mind on both sides while approaching trade issues - Government Source"

New Delhi, Sep 15

Amid the thaw in India-US relations, American Chief Negotiator Brendan Lynch is set to arrive in India on Monday night, and the two nations will resume trade negotiations on Tuesday.

According to Commerce Ministry sources, trade discussions are going on at several levels, and as the US Chief Negotiator comes to India, further course of action will be decided once the trade talks resume.

"There is a positive frame of mind on both sides while approaching trade issues," according to a government source.

Sources further said that trade talks are already underway, and this visit is not for the sixth round of negotiations.

The sixth round of talks on the bilateral trade agreement (BTA), originally scheduled to begin on August 25 in New Delhi, was postponed. The BTA aims to more than double bilateral trade to $500 billion by 2030, up from the current $191 billion.

According to ministry sources, they will discuss all the pending issues with the US team related to the trade deal.

“Certain issues are in the diplomatic realm where MEA is also engaged,” they informed.

Local dynamics have been constantly changing in the past months with respect to the uncertainty on US tariffs, and export changes are based on competitiveness from different countries.

Meanwhile, the government is considering support measures worth about Rs 25,000 crore for exporters under the Export Promotion Mission, announced in the Budget, for five financial years.

The Commerce Ministry has sent the proposal to the expenditure finance committee (EFC) of the Finance Ministry.

According to sources, the Export Promotion Mission (EPM) scheme is set to go to the Cabinet soon for approval with a "much bigger amount" than proposed earlier, and inter-ministerial consultation has already taken place.

The scheme will be fungible, flexible, and nimble to address the concerns of exporters.

Once approved, it can help insulate domestic exporters from global trade uncertainties arising from tariffs.

- IANS

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Reader Comments

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Priya S
The Rs 25,000 crore export promotion scheme is much needed! Our MSME exporters need this support to compete globally. Hope the Cabinet approves it quickly - timing is crucial with the US trade talks happening simultaneously.
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Michael C
As someone working in export manufacturing, I appreciate the government's focus on making the scheme "fungible and flexible." One size doesn't fit all when it comes to different export sectors. Hope the implementation matches the promise!
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Ananya R
While I welcome the trade talks, I hope our negotiators don't compromise on key issues like digital taxes and data localization. We need to protect our digital sovereignty while expanding trade. Balance is crucial!
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Sarah B
Good to see the "positive frame of mind" mentioned in the article. Trade relationships work best when both countries approach negotiations with mutual respect and understanding. Hope this visit leads to concrete outcomes! 🤝
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Vikram M
The postponement from August was disappointing, but glad talks are resuming. US tariffs have been creating uncertainty for Indian exporters. Hope this negotiation brings some stability and predictability to our trade relationship.

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