Washington: United States' Ambassador to India Sergio Gor has said that an Indian delegation will head to the US later this month to hold talks for a bilateral trade deal.
In a post on the social media platform X, Gor said that he held a "highly productive" meeting with US trade representative Jamieson Greer to discuss how to advance US President Donald Trump's trade priorities in South and Central Asia. India and the US had earlier agreed to a major trade deal, but it is yet to be signed.
Gor further said: "The United States and India have previously agreed to a trade deal, and we look forward to welcoming an Indian delegation to Washington later this month."
India and the US had announced a bilateral trade deal on February 2 this year, following months of negotiations between the two sides. Under the deal, US tariffs on Indian goods have been lowered from 50 per cent to 18 per cent. Both Trump and Prime Minister Narendra Modi dubbed the trade deals as “historic’.
After starting the war with Iran, the US allowed India to buy certain Russian oil barrels.
Meanwhile, India’s Foreign Secretary Vikram Misri met senior US officials in Washington and discussed ways to further deepen the defense and trade relations, and exchanged views on the developments in the Indo-Pacific and West Asia.
Misri also launched the India-US Trade Facilitation Portal as both countries aim for the $500 billion bilateral trade target. On a three-day visit, Misri met Under Secretaries Michael Duffey and Elbridge Colby in the Department of Defense, and Under Secretaries Jeffrey Kessler and William Kimmitt in the Department of Commerce.
