Union Minister of Commerce, Pyush Goyal, will lead a Senior Indian delegation in Washington on May 17 for talks on critical trade, aimed at achieving a provisional bilateral trade agreement with the United States, announced an Indian official on Tuesday.
A four -day visit, scheduled until May 20, will see Gyal will be related to the United States commercial representative, Jamieson Greer and the Secretary of Commerce, Howard Lutnick, while both nations press to end the first phase of the largest trade agreement from September to October.
The talks will focus on market access, rules of origin and non -tariff barriers, and the main negotiators meet from May 19 to 22. Discussions occur in the middle of a 90 -day break on retaliation rates, after the United States decision on April 2, suspending its additional 26 percent rates on Indian goods until July 9. However, an initial rate of 10 percent is kept in force.
Goyal’s visit follows the diplomatic journey of Vice President JD Vance to Nova Delhi last month and is based on the bases established during the visit of Prime Minister Narendra Modi in February, where both parties set a goal to end the initial phase of a commercial pact until autumn 2025 and increase bilateral trade by $ 2030.
India is pushing for work cuts in labor intensive sectors, such as textiles, jewelry and jewelry, leather items, shrimp, oil seeds, grapes and bananas. In the meantime, the United States seeks concessions to industrial goods, electric vehicles, dairy, wines, petrochemicals and agricultural articles such as apples and nuts.
Both nations have already launched specific talks in the sector to solve these problems, with the proposed agreement that covers 19 chapters, including tariffs, services, facilitation of customs and non -tariff barriers. Washington continues to raise concerns about Indian non-aranographic practices that claims to restrict American exports.
With the largest trade in India in the United States, bilateral trade reached $ 129 billion in 2024, with India, which enjoyed a surplus of $ 45.7 billion: the bets are high for Goyal’s visit, as both countries aim to avoid new rates scales and deepen the economic links by the Administration of President Trump.






