📷 Image: Wikimedia Commons / U.S. Secretary of Defense
Business
India-US Trade Pact Expected to Be Finalised Soon, Says FM Jaishankar
✍️ Nagaland Post
🗓 15 Nov 2026, 12:52 PM
👁 17
Foreign Minister S. Jaishankar told reporters that the pending trade agreement with the United States is likely to be concluded in the near future.
New Delhi – External Affairs Minister S. Jaishankar announced that the long‑awaited trade deal between India and the United States is expected to be sealed shortly. Speaking to the press, he said both governments have been working intensively to resolve remaining issues and anticipate a formal signing in the coming weeks.
The agreement, which has been under negotiation for several months, aims to boost bilateral commerce by reducing tariffs, expanding market access for services and strengthening supply‑chain cooperation. Officials from both capitals have highlighted the potential for increased investment in sectors such as technology, renewable energy and pharmaceuticals.
Jaishankar added that finalising the pact will complement broader strategic ties and support India’s goal of diversifying its trade partners. He did not disclose a specific date for the signing but indicated that the momentum is now favourable for concluding the deal.
Analysts note that a swift conclusion could enhance India’s export growth and provide U.S. firms with a more predictable regulatory environment. The two sides are expected to issue a joint statement once the agreement is formally ratified.
The agreement, which has been under negotiation for several months, aims to boost bilateral commerce by reducing tariffs, expanding market access for services and strengthening supply‑chain cooperation. Officials from both capitals have highlighted the potential for increased investment in sectors such as technology, renewable energy and pharmaceuticals.
Jaishankar added that finalising the pact will complement broader strategic ties and support India’s goal of diversifying its trade partners. He did not disclose a specific date for the signing but indicated that the momentum is now favourable for concluding the deal.
Analysts note that a swift conclusion could enhance India’s export growth and provide U.S. firms with a more predictable regulatory environment. The two sides are expected to issue a joint statement once the agreement is formally ratified.