India and the United States have made further progress in their ongoing trade discussions, with both sides describing the latest round of talks as constructive and positive. The discussions are part of efforts to finalise an interim trade agreement while work continues on a broader trade deal.
A delegation from the United States Trade Representative (USTR) visited India from June 1 to June 4, 2026, for further discussions on the India-US trade deal.
Speaking about the discussions, Commerce and Industry Minister Piyush Goyal said, “We had excellent discussions from 2nd to 4th of this month. We had a full team of officials from different divisions of trade from USA in Delhi. I also met with them yesterday and we are fast moving towards closing all the open ends.”
He added, “By sometime by the middle of next month or so, we should be in a position to execute a very vibrant first tranche. It is only the first tranche of our bilateral trade agreement which will give preferential access to India over our competitors. I expect an even higher level delegation to be coming to India probably towards the end of this month.”
According to the Ministry of External Affairs (MEA), both countries reaffirmed their commitment to moving forward and finalising the trade agreement. Both sides have termed these conversations constructive and positive.
In a statement, India’s Commerce Ministry said the and pragmatism. The ministry added that both sides remained committed to strengthening trade and economic ties through a balanced agreement.
The latest round of negotiations covered several important issues. These included trade in goods, customs procedures, trade facilitation measures, non-tariff barriers, economic security cooperation and other matters of mutual interest.
The talks are being conducted under a framework announced earlier this year by India and the United States.
In a joint statement issued on Thursday, both countries agreed to work towards an interim agreement while continuing negotiations on a larger Bilateral Trade Agreement (BTA).
There are increasing indications that the first phase of the deal could be finalised soon.
Signs that a deal may be nearing completion have grown stronger in recent weeks. Last week, US Ambassador to India Sergio Gor said the and that only a small part of the agreement remained unresolved.
Goyal has also recently indicated that most major issues have already been settled. He said discussions are now focused on ironing out the final details before the first phase of the agreement can be formally announced.