India, US agree to maintain momentum in trade pact talks, says trade min
This story was originally published at 16:19 IST on 24 April 2026
Register to read our real-time news.Informist, Friday, Apr. 24, 2026
--Trade min: India, US agreed to maintain momentum in trade pact talks
--CONTEXT: Indian delegation visited US to discuss trade deal Mon-Thu
--Trade min:India-US discussed boosting investments, econ security alignment
--Trade min: India, US discussed easing technical trade barriers, customs
--Trade min: India, US discussed easing mkt access, non-tariff measures
NEW DELHI – India and the US, during the Indian delegation's recent visit to Washington, discussed easing bilateral market access, customs, non-tariff measures, and technical trade barriers, and agreed to maintain a positive momentum in trade deal negotiations, the commerce ministry said Friday. Additional secretary at commerce ministry Darpan Jain, who is also India's chief negotiator for the trade deal with the US, led a team of officials to the US Mon-Wed.
They also discussed investment promotion, security alignment, and digital trade, the commerce ministry said in a press release. "The meetings were conducted in a constructive and positive spirit with meaningful and forward-looking discussions enabling progress on key matters," the release said. "Both sides agreed to remain engaged to maintain this momentum as they move forward."
This is the first meeting between officials from the two sides since February when the US Supreme Court scrapped the reciprocal tariff imposed by US President Donald Trump. Before the US court ruling, New Delhi and Washington had concluded trade talks, under which the US had offered to lower the reciprocal tariff on India from 25% to 18%. The Trump-administration also scrapped the penal tariff on Indian goods following the conclusion of the agreement.
After the court verdict, the terms of that deal are likely to change now. The Trump administration currently imposes a blanket 10% tariffs on all trading partners.
The US is among India's top trading partners and accounts for one-fifth of India's exports. In 2025–26 (Apr-Mar), India's exports to the US rose to $87.31 billion from $86.51 billion a year ago and imports increased to $52.97 billion from $45.63 billion a year ago. End
US$1 = INR 94.25
Reported by Krity Ambey
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
