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India, U.S. push trade talks toward $500 billion goal

High-level trade talks between India and the United States are gaining momentum, with both sides signaling progress despite lingering strains.

TAS News Service

info@thearabianstories.com

Saturday, September 27, 2025

New Delhi: Commerce and Industry Minister Piyush Goyal led an Indian delegation to Washington from September 22–24, holding what officials described as “constructive” meetings with U.S. Trade Representative Jamieson Greer and Ambassador-designate Sergio Gor.

According to India’s Commerce Ministry, discussions centered on the contours of a comprehensive trade agreement that could potentially double bilateral trade to $500 billion by 2030, up from the current $191 billion. “Both sides exchanged views on possible contours of the deal, and it was decided to continue the engagements with a view to achieve early conclusion of a mutually beneficial Trade Agreement,” the ministry said in a statement .

The talks in Washington coincided with a parallel diplomatic engagement in New York, where External Affairs Minister S. Jaishankar met U.S. Secretary of State Marco Rubio on the sidelines of the UN General Assembly.

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