India and the US are engaged in fast-paced negotiations for a proposed trade agreement, aiming for a win-win trade deal, according to Commerce Minister Piyush Goyal.
Negotiations for trade pacts with the US and the European Union are progressing, with a focus on free trade agreements to promote global capability centers in India.
India is in talks for a bilateral trade agreement with the US and a free trade agreement with the EU, looking to conclude agreements by fall and the end of the year, respectively.
The new trade pacts include provisions on services, regulatory systems, intellectual property rights, digital trade, and innovation, aiming to provide certainty to businesses through detailed discussions and stakeholder consultations.