India, US Hail Progress on New Trade Deal
- On 21st April 2025, Prime Minister Narendra Modi and US Vice President J D Vance met in New Delhi to celebrate progress on a "new and modern" India-US Bilateral Trade Agreement (BTA).
- The BTA aims to promote job creation, citizen well-being, and balanced growth opportunities for workers, farmers, and entrepreneurs in both countries.
- Both leaders highlighted the finalization of the Terms of Reference, setting a clear roadmap to clinch an interim trade agreement within the 90-day pause on tariffs.
- Nineteen negotiation chapters are underway, covering critical areas such as tariffs, non-tariff barriers, rules of origin, and customs ....
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