India-US Interim Trade Agreement Framework
On 7th February 2026, India and the United States announced that they have agreed on a framework for an Interim Trade Agreement to advance negotiations on a broader Bilateral Trade Agreement (BTA), aimed at enhancing market access, strengthening supply chains, and deepening economic cooperation.
Key Agreements
- Tariff Reductions and Market Access: India will reduce or eliminate tariffs on U.S. industrial goods and several agricultural products, including nuts, fruits, soybean oil, and animal feed.
- US Tariff Adjustments: The United States will apply a reciprocal tariff rate of 18% on Indian-origin goods, with provisions to remove tariffs on several products once the ....
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World Watch
- 1 XI BRICS Culture Ministers’ Meeting and Bhopal Declaration
- 2 India-U.K. Review Defence Cooperation with Focus on Industry and R&D
- 3 Thailand’s Peaceful Society Promotion Act Comes into Force
- 4 UKMTO: Maritime Security Watchdog in West Asia and the Indian Ocean
- 5 Global Healthcare Sanitation Crisis
- 6 India-Japan Deepen Maritime and Defence Cooperation
- 7 BRICS Opposes EU’s CBAM
- 8 India, Uzbekistan Deepen Strategic Partnership
- 9 India-SACU Preferential Trade Agreement Talks
- 10 U.S. Sanctions on ICC Officials
