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2026-07-27 10:29:04 am | Source: Accord Fintech
Government remains engaged with US in framework of negotiating BTA: Jitin Prasada
Government remains engaged with US in framework of negotiating BTA: Jitin Prasada

Minister of State for Commerce and Industry Jitin Prasada has said that the government is studying all the developments and remains engaged with the US in the framework of negotiating a bilateral trade agreement (BTA).

Prasada said that the government continues to work closely with relevant stakeholders, including farmers, agricultural exporters, industry bodies, ministries/ departments and export promotion councils on issues related to import tariffs imposed by the US. Moreover, he said with a view to safeguarding India's trade interests, the government has taken into account inputs received from states on issues related to import tariffs imposed by the US.

The India-US BTA negotiations were launched following the meeting of leaders from both sides in February 2025, where the two countries adopted the ‘Mission 500’ objective of expanding bilateral trade to $500 billion by 2030. The two countries continued negotiations across multiple rounds and announced a framework for an interim trade deal on February 2, 2026.

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