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India-US Trade Deal Nears Finish Line, Jaishankar Says Agreement Could Be Sealed Soon

    India-US Trade Deal Nears Finish Line, Jaishankar Says Agreement Could Be Sealed Soon

    NEW DELHI, November 14, 2026 (VoM News): India and the United States have resolved most issues concerning their proposed trade agreement, including tariff-related matters, and the deal could be finalised soon, External Affairs Minister S Jaishankar said on Saturday.

    Speaking at the HT Leadership Summit, Jaishankar said negotiations had reached their final stage, although some outstanding concerns still needed to be addressed.

    He said the bulk of the issues had been sorted out and suggested that several of the remaining concerns involved changes on the American side.

    “Our hope is that we should close it out soon,” Jaishankar said, adding that both sides had undertaken detailed discussions to resolve the differences.

    His remarks come ahead of Prime Minister Narendra Modi’s likely visit to the United States for the G20 Summit in Miami on December 14 and 15. Modi and US President Donald Trump are expected to have an opportunity to review bilateral relations and progress on the proposed trade pact.

    Jaishankar said India was seeking an agreement that was beneficial and balanced, while providing its goods with a comparative advantage over those from comparable economies.

    He described the United States as India’s biggest market and said a trade agreement with the world’s largest economy would offer significant opportunities.

    The minister also explained that negotiations had involved examining tariff lines individually, a process he said required considerable time and detailed assessment.

    India and the US have been negotiating the proposed trade agreement since early 2025, with discussions covering tariffs, non-tariff barriers and improved market access.

    The negotiations are taking place against the backdrop of strained bilateral relations following US tariff measures, differences over the May 2025 India-Pakistan military tensions and disagreements over immigration and H-1B visa policies.

    Jaishankar said a successful agreement could provide fresh momentum to economic ties between the two countries.

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    VoM News Desk
    VoM News Desk
    News Desk VoM

    VoM News Desk -is an online web portal in jammu Kashmir offers regional, National & global news.

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