A US commerce delegation that arrived in India this week can have talks on numerous points of the proposed bilateral commerce settlement BTA and can conclude talks on June 10, an official stated on Friday.
This comes after the White Home on Tuesday stated that the US had requested nations to make their finest presents on commerce negotiations by Wednesday, because the July 8 deadline for reciprocal tariffs is simply 5 weeks away.
The Indian Categorical had reported final week that New Delhi may step up buy of American items starting from agricultural gadgets to defence tools — in change for concessions on reciprocal tariffs and improved entry to the US marketplace for India’s labour-intensive sectors similar to textile and leather-based merchandise.
Official commerce knowledge confirmed that India had already stepped up oil purchases from the US. India’s import of crude oil from the US jumped 11.49 per cent to $63 billion in March 2025 in comparison with the earlier 12 months.
US Secretary of Commerce Howard Lutnick on Tuesday stated the US aimed to deliver again superior manufacturing and bridge the commerce deficit by rising exports to India, including that each side had “discovered a spot that actually works” for them.
Commerce Minister Piyush Goyal had led a delegation to the US from Might 17 to 22 and held conferences along with his counterparts—the Secretary of Commerce, Howard Lutnick, and USTR Ambassador Jamieson Greer.
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