India-US Trade Talks: Aiming for a Fair Agreement Amid Tariff Challenges

India and the US are progressing in negotiations for a bilateral trade agreement, despite challenges from US-imposed high tariffs on Indian goods. Indian Commerce Secretary Rajesh Agrawal led talks in Washington, aiming for a fair deal. The agreement aims to double bilateral trade to USD 500 billion by 2030.

Commerce and Industry Minister Piyush Goyal announced that negotiations between India and the United States for a proposed trade agreement are advancing. Expressing optimism, Goyal hopes for a fair and equitable deal soon.

Indian Commerce Secretary Rajesh Agrawal recently headed a delegation to Washington for talks, ending on October 17. These discussions are critical as India has criticized high US tariffs as 'unfair.'

The objective is to double bilateral trade to USD 500 billion by 2030, despite current tariffs impacting Indian exports. India remains committed to resolving these issues for mutually beneficial outcomes.

(With inputs from agencies.)