US and India Aim to Conclude Phase One Trade Deal by G20 Summit

The United States and India want to conclude the first phase of their bilateral trade agreement, possibly by the G20 Summit in Florida, former US diplomat Nisha Biswal said. Negotiations remain ongoing after the countries finalised a framework in February following a call between Prime Minister Narendra Modi and US President Donald Trump. Changes in US tariffs have prompted renewed talks. Biswal described the negotiations as complicated, citing unresolved issues including India’s demand for comparative advantage in sectors such as textiles. Commerce Minister Piyush Goyal has said India expects one of its best trade deals with the United States. Trump will chair the G20 Leaders’ Summit in Florida on December 14-15.