India and the United States are actively continuing their discussions on a possible trade agreement. Commerce Secretary Rajesh Agrawal made this announcement on Thursday, as reported by PTI. Both nations see clear scope for reaching a deal, according to his statements.
Ongoing Engagement Between the Two Nations
Agrawal told reporters that both sides remain engaged in trade deal talks. He emphasized that both India and the US feel a trade agreement is achievable. This indicates that conversations between New Delhi and Washington are still very much alive and progressing.
Resilience in Bilateral Trade Flows
The Commerce Secretary highlighted an important trend. India's exports to the US are recording positive growth. This growth is happening even amid elevated tariff levels. It reflects a strong resilience in the bilateral trade flows between the two countries.
High-Level Virtual Meeting in December
Agrawal added a key detail about recent diplomatic efforts. A virtual meeting was held in December last year. Commerce and Industry Minister Piyush Goyal participated from the Indian side. United States Trade Representative Jamieson Greer represented the US. This meeting underscores the continued high-level engagement on trade issues.
The discussions show that both governments are committed to strengthening economic ties. Positive export figures provide a solid foundation for these negotiations. Observers will watch closely for further developments in the coming months.
