The long-awaited India-United States trade agreement is on the verge of completion, with only the final one per cent of negotiations left before the deal is sealed, according to US Ambassador to India Sergio Gor. His remarks have raised expectations that the bilateral trade pact, under discussion for nearly 18 months, could be finalised in the coming days.
Speaking about the progress of the negotiations, Gor said both countries have resolved almost all major issues and are now working on the remaining details. He expressed confidence that the agreement would soon be concluded, providing greater certainty for businesses and investors while further strengthening economic ties between the two nations.
The proposed trade agreement is expected to boost bilateral commerce, reduce trade barriers and improve market access for businesses in both countries. India and the United States have also set an ambitious target of increasing bilateral trade to $500 billion, reflecting the growing strategic and economic partnership between the two democracies.
Trade negotiations have accelerated in recent weeks following multiple rounds of discussions between Indian Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer. Officials from both sides have described the talks as constructive and commercially meaningful, with substantial progress achieved on key issues.
While a few technical and tariff-related issues remain under discussion, both governments have reiterated their commitment to reaching a balanced agreement that benefits businesses, manufacturers and consumers in both countries. The deal is expected to enhance cooperation across sectors including manufacturing, technology, agriculture, energy and digital trade.
If concluded as expected, the agreement will mark a major milestone in India-US economic relations, offering greater trade stability and opening new opportunities for investment, exports and long-term strategic collaboration. With negotiations now entering their final phase, both countries appear closer than ever to signing one of their most significant bilateral trade agreements in recent years.
