Indian trade secretary Rajesh Agrawal says first phase of US trade deal finalised

Economic Times - Oct 15, 2026

India's trade secretary announced that the first phase of a trade deal with the United States is finalized. Legal drafting for the deal is currently taking place, signaling progress in negotiations. The anticipated agreement aims for preferential market access and greater tariff stability for India. US Secretary of State Marco Rubio plans to visit India to discuss further economic ties and energy cooperation.

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