India-US Trade Deal Nears Final Stage

India and the United States have largely completed negotiations on their proposed trade agreement, according to Commerce Secretary Rajesh Agrawal. Speaking on the sidelines of the Global Fintech Fest 2026 on Wednesday, Agrawal said only a few matters remained under discussion and that the agreement would be signed when both governments consider the timing appropriate. The two countries are now focusing on creating a framework that provides preferential access to each other’s markets. India generally operates under most-favored-nation tariff principles, while the US has been…

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