Brief by Shorts91 Newsdesk / 01:26pm on 30 Oct 2025,Thursday India Global
India continues engaging with the United States to conclude the Bilateral Trade Agreement (BTA), MEA spokesperson Randhir Jaiswal confirmed Thursday. This follows recent US trade deals with China, Japan, South Korea, and Southeast Asian nations during APEC and ASEAN summits. Commerce Minister Piyush Goyal assured talks progress cordially but emphasized no agreement until farmers', fishermen's, and MSME sectors' interests are protected. The BTA aims boosting bilateral trade from $191 billion to $500 billion by 2030, with October-November 2025 deadline for the first tranche. Five negotiation rounds completed, despite Trump's 50% tariffs on India and 100% levy on branded pharmaceuticals. Trump praised India for reducing Russian oil purchases, calling New Delhi "very good" on the issue.
