Bilateral Trade Agreement Finalization Underway.webp

New Delhi, February 26 Commerce and Industry Minister Piyush Goyal said on Thursday that he had held a meeting with US Secretary of Commerce Howard Lutnick and US Ambassador to India Sergio Gor, and discussed ways to expand trade relations between the two countries.

"Met US Secretary of Commerce @HowardLutnick & @USAmbIndia Sergio Gor. Engaged in very fruitful discussions to expand our trade and economic partnership," Goyal said in a social media post.

The meeting is of immense importance as both countries are in the process of finalizing the legal text for the first phase of a bilateral trade agreement.

Following the US Supreme Court order striking down US President Donald Trump's sweeping tariffs, the US has imposed 10 per cent tariffs on all countries for 150 days.
 
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