India-U.S. trade pact: Officials discuss market access, digital trade, customs facilitation
The Hindu
India and the U.S. are negotiating a comprehensive Bilateral Trade Agreement, focusing on market access, digital trade, and customs facilitation.
India and the U.S. teams discussed issues pertaining to market access, digital trade, and customs facilitation during the week-long deliberations on the proposed bilateral trade agreement, an official said.
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According to the official, both sides agreed to continue negotiations to achieve an expeditious conclusion of the initial tranche of the BTA.
India and the U.S. are working towards negotiating the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall (September-October) 2025.
To advance the objective of concluding a comprehensive and forward-looking BTA, a US delegation led by Additional US Trade Representative visited India from June 4-10.
"During the visit, in-depth negotiations were held on various elements of the proposed BTA that among others included areas such as market access, SPS (sanitary and phyto-sanitary/TBT (technical barriers to trade), digital trade, customs and trade facilitation and legal framework," the official said.
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