Business · Trade · 8 hrs ago

India and US discuss customs as trade deal talks continue

India and US discuss customs as trade deal talks continue

US and Indian officials held customs talks in New Delhi on November 2 and 3.

The two-member US delegation met officials from India’s Commerce Ministry to discuss simplifying customs and removing administrative barriers to trade.

The talks are part of negotiations for an interim trade agreement, within a broader deal the countries have pursued since 2025.

India and the US announced a framework for an interim agreement in February, but it was not signed after a US court ruling invalidated the basis for a proposed preferential tariff arrangement.

Changes to US tariffs have also complicated negotiations, even though officials say most discussions are complete.

India is seeking competitive access for its exporters, while both sides want to strengthen trade and economic ties.

The countries are working through the remaining details and India is awaiting a new US tariff framework.

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What people are saying

Piyush GoyalIndia’s Union Commerce and Industry Minister
We have concluded most of the discussions and are fine-tuning the agreement
via Economic Times
Marco RubioUS Secretary of State
We're very, very close
via Economic Times
I think there's a small number of items to wrap up, so I think that will happen shortly
via Economic Times