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US envoy Sergio Gor says India trade pact is in final one to two percent of negotiations
NDTV··30 Jun
NDTV reported June 30 Gor told the USISPF Leadership Summit most of the bilateral trade agreement is complete with only a handful of issues and legal language remaining after 18 months of talks. He cited recent back and forth visits including Commerce Minister Piyush Goyal in New York and USTR Jamieson Greer in Delhi as negotiators push toward conclusion.
Prism
What It Means For You
- A trade pact could lower tariff uncertainty.
- Exporters await clearer US market rules.
- Deal timing may affect import costs.
What's Happening
- US envoy says deal is nearly complete.
- Negotiators are finalising legal language.
- High level visits continued this month.
Negotiation Context
- BTA talks began in February 2025.
- July 24 is a key tariff deadline.
- Bilateral trade target is 500 billion dollars.
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