India and US Discuss Customs and Trade Facilitation in New Delhi

A US delegation met with Indian Commerce Ministry officials in New Delhi on November 2-3 to enhance bilateral trade and customs procedures. The discussions focused on streamlining customs processes and advancing trade facilitation frameworks. Ongoing negotiations are part of the proposed Bilateral Trade Agreement aimed at improving market access and reducing trade barriers. The two-day engagement is part of efforts to bolster trade infrastructure, digital customs integration, and supply chain security. Both nations are nearing the finalization of an interim trade agreement, with only a few issues remaining to be resolved. Union Commerce Minister Piyush Goyal noted that most discussions on the trade agreement have been completed, and the focus is now on fine-tuning the remaining details.