Saturday, 14 Nov 2026 Breaking: Odisha distributes housing benefits to 5 lakh beneficiaries, launches 248 projects worth Rs 911 crore in Balangir
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

India-US hold bilateral talks in New Delhi on Customs and trade facilitation: Govt sources

India-US hold bilateral talks in New Delhi on Customs and trade facilitation: Govt sources

New Delhi [India], November 10 (ANI): A two-member delegation of trade and customs officials from the United States held bilateral discussions with officials from the Commerce Ministry in New Delhi on November 2–3, according to government sources. 
The focused dialogue centred on streamlining customs procedures, removing non-tariff administrative bottlenecks, and advancing trade facilitation frameworks between the two economies.
According to government sources, the two-day technical engagement forms part of ongoing efforts to bolster bilateral trade infrastructure, digital customs integration, and supply chain security.
The discussions come amid ongoing negotiations between the two countries over the proposed Bilateral Trade Agreement (BTA), aimed at improving market access, reducing trade barriers and strengthening bilateral economic ties.
India and the US have been working towards finalising an interim trade agreement as part of the broader BTA negotiations.
On October 26, Union Commerce and Industry Minister Piyush Goyal said that the two countries had completed most of their discussions on the proposed trade agreement and were working on the remaining details.
"We have concluded most of the discussions and are fine-tuning the agreement," Goyal said during his visit to the Netherlands.
Earlier, during his visit to Mumbai on October 20, US Secretary of State Marco Rubio said India and the United States were very close to finalising the proposed trade agreement, with only a few issues remaining to be resolved.
Speaking to reporters, Rubio said, "We're very, very close."
"I think there's a small number of items to wrap up, so I think that will happen shortly," he added.
The BTA negotiations were launched in February 2025 following discussions between Prime Minister Narendra Modi and US President Donald Trump. (ANI)

Tags

Related News

Nvidia risks losing critical supply chain deals without Jensen Huang, warns Elon Musk
Business
Nvidia risks losing critical supply chain deals without Jensen Huang, warns Elon Musk

<p>New Delhi [India], November 14 (ANI): Tesla and SpaceX CEO Elon Musk has warned that Nvidia could lose some of its cr...

CCI approves Advent International-backed firm's stake acquisition in Yatharth Hospitals
Business
CCI approves Advent International-backed firm's stake acquisition in Yatharth Hospitals

<p>New Delhi [India], November 14 (ANI): The Competition Commission of India (CCI) on Saturday approved the acquisition...

India must develop its own semiconductor manufacturing machines, precision components: Ashwini Vaishnaw
Business
India must develop its own semiconductor manufacturing machines, precision components: Ashwini Vaishnaw

<p>New Delhi [India], November 14 (ANI): Union Minister for Electronics and Information Technology Ashwini Vaishnaw on S...

Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog report
Business
Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog report

<p>New Delhi [India], November 14 (ANI): India's Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (A...

Merck Foundation CEO: Transforming Diabetes Care, One Blue Point at a Time
Business
Merck Foundation CEO: Transforming Diabetes Care, One Blue Point at a Time

<p>BusinessWire India<br/>Accra [Ghana]/ Mumbai (Maharashtra) [India], November 14: On World Diabetes Day 2026, Senator...

‘Parampara’: Timeless Wisdom of the Vedas and India’s Living Traditions. Book by Pavan Kaushik
Business
‘Parampara’: Timeless Wisdom of the Vedas and India’s Living Traditions. Book by Pavan Kaushik

<p>VMPL<br/>New Delhi [India], November 14: Why do we tie a thread around our wrist? What is the significance of applyin...