ANI
20 Apr 2026, 20:32 GMT+10
New Delhi [India], April 20 (ANI): India and the United States will resume negotiations on the proposed Bilateral Trade Agreement (BTA) today.
Commerce Secretary Rajesh Agarwal, who shared India's trade data for March earlier this month, had said that the Indian delegation will visit the United States from April 20 to 22.
He stated that negotiations for the BTA will resume this month, marking a key step in advancing trade ties between the two countries.
India and the United States had announced on February 7 this year that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade.
The statement said that the framework reaffirms the countries' commitment to the broader US-India Bilateral Trade Agreement (BTA) negotiations, launched by President Donald Trump and Prime Minister Narendra Modi on February 13, 2025, which will include additional market access commitments and support more resilient supply chains.
It also said that the Interim Agreement between the United States and India will represent a historic milestone in the partnership between two countries, demonstrating a common commitment to reciprocal and balanced trade based on mutual interests and concrete outcomes.
The Commerce Secretary had said last month that India remains engaged with the US for a mutually beneficial trade agreement.
'On February 7, 2026, the 25% additional ad-valorem tariffs imposed by the U.S. on certain Indian exports, citing India's imports of Russian oil, were removed,' he had said.
He had also said that pursuant to the US Supreme Court judgement of February 20, 2026, invalidating reciprocal tariffs, the reciprocal tariffs are no longer in force.
'The US Government has issued Executive Orders imposing 10% tariffs pursuant to Section 122 of the Trade Act, 1974 on certain products from all countries. India remains engaged with the US side for a mutually beneficial trade agreement,' he had said.
Sources had said the US is trying to recreate a tariff architecture globally and once that is created, will be better to sign the trade deal. They added that trade agreement would be signed when a new architecture of tariffs globally is implemented by the US.
Commerce Ministry officials had said in March that India and the United States remain engaged for a mutually beneficial trade agreement, and there is no hold off in bilateral engagement. (ANI)
Get a daily dose of St Petersburg Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to St Petersburg Star.
More InformationWARSAW, Poland: With Poland partially suspending the right to seek asylum last year, Afghan migrants are facing a life of fear and...
New Delhi [India], April 20 (ANI): India and the United States will resume negotiations on the proposed Bilateral Trade Agreement (BTA)...
Massive funding for military buildup raises corruption risks, the head of watchdog OLAF warns The billions of euros slated by the...
The suspect is believed to be behind at least two incidents involving Nazi symbols Police in Germany have detained a man suspected...
ISTANBUL, 20th April, 2026 (WAM) -- Saqr Ghobash, Speaker of the Federal National Council (FNC), met with Valentina Matviyenko Chairwoman...
Ancient objects have been returned due to Cairos continued efforts to repatriate cultural heritage, the countrys Ministry of Tourism...
SHREVEPORT, Louisiana - It was a tragic day Sunday in Shreveport, Louisiana, when a gunman visited two homes on a killing rampage,...
LONDON, U.K.: A newly discovered 17th-century map sheds light on the exact location of William Shakespeare's hitherto unknown home...
TORONTO, Canada: A Canadian man who allegedly sold deadly substances online to people looking for help to commit suicide has agreed...
LONDON, U.K.: The war in Iran has erased more than US$50 billion in global oil output in less than two months, creating one of the...
NEW YORK CITY, NEW YORK: A deepening jet fuel crunch linked to the Iran war and the closure of the Strait of Hormuz is raising fears...
SEATTLE, Washington: The Chinese government is asking travelers to avoid entering the United States through Seattle, citing a pattern...
