India and the United States are on the verge of finalising their proposed trade agreement, with negotiators resolving all but a tiny fraction of outstanding issues. US Ambassador to India Sergio Gor revealed that only one percent of the deal remains to be settled, expressing optimism that the agreement will be completed in the coming weeks.
US Envoy's Remarks at Citi Conference
Speaking at Citi's 2026 India Conference, Gor stated that negotiators from both countries are actively working to address the remaining sticking point. He confirmed that a US trade delegation is currently in India for discussions, underscoring the commitment to finalise the pact. The envoy's remarks came as senior negotiators from both nations commenced a three-day round of talks in New Delhi.
Framework and Final Details
The broad framework for the trade agreement was finalised in February. Since then, both sides have been focused on ironing out the final details before the deal is formally signed. The remaining one percent encompasses specific issues that require mutual consensus, though Gor did not elaborate on the exact nature of these points.
The successful conclusion of this agreement is expected to bolster economic ties between the two largest democracies, potentially increasing bilateral trade and investment. The deal has been a priority for both the Indian government and the Trump administration, with multiple rounds of talks held over the past year.
Observers note that the agreement could serve as a template for future trade pacts and signal a strengthening of the strategic partnership between India and the United States. Both sides have expressed a shared interest in promoting free and fair trade, as well as addressing market access and tariff issues.
