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)."
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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.
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“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.
