India and US Near Finalization of Bilateral Trade Agreement, Legal Drafting Underway

Brief by Shorts91 Newsdesk / 02:16pm on 24 Oct 2025,Friday India Global

India and the United States are on the verge of concluding a long-anticipated trade agreement, with negotiations advancing to the legal drafting phase. Both nations have resolved most outstanding issues, leaving only a few non-tariff barriers to address. A senior Indian official noted that common ground has been established on nearly all contentious points. Despite progress, the deal awaits final political approval. The official deadline for the initial phase of the Bilateral Trade Agreement remains set for fall 2025, as previously agreed upon by Prime Minister Narendra Modi and President Donald Trump. (PC: Business Standard)

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