New Delhi: US President Donald Trump said on Monday that negotiations with India on a new trade arrangement were progressing well and that both sides were nearing an agreement aimed at strengthening economic and security cooperation. Speaking in the Oval Office during the swearing-in ceremony of his new envoy to India, Sergio Gor, Trump said the upcoming deal would be significantly different from earlier frameworks between the two countries.
According to Trump, the two governments are working on an agreement that would expand trade opportunities, increase US energy exports to India and encourage greater investment into key sectors of the American economy. He described the emerging pact as a fair and balanced trade deal that reflects the priorities of both nations.
Trump reiterated his confidence that the negotiations were entering their final stages. He said the United States was “getting close” to concluding the discussions and emphasised that the agreement would improve economic ties while also supporting broader strategic cooperation.
Officials from both countries have been engaged in high-level talks in recent months to resolve long-standing trade differences and open new avenues for commercial collaboration. The proposed deal is expected to address market access, tariffs and investment flows, while also advancing bilateral efforts in energy, technology and defence.
The President’s comments follow a series of engagements between senior leaders from Washington and New Delhi, signalling a shared intent to deepen the partnership. The United States remains one of India’s largest trading partners, and both governments view a new agreement as a way to unlock further economic growth and strengthen regional stability.
Further details of the draft trade package are expected to be announced once the negotiations conclude.
Sorry, there was a YouTube error.
