United States Secretary of the Treasury, Scott Bessent, On Tuesday Said That Trade Negotiations with India Are ‘moving well’ and stated that prime minister narendra modi and us VCE VICE VICE PRICEDEN JD VCE MADE MADE MADE MADE Progress’ while the latter was in India.
During the press brief, bessent said, “Us vice president jd Vance was in India last week.
#Watch | Washington, DC | United States Secretary of the Treasury, Scott Bessent Says, “… Us Vice President JD Vance was in India Last Week.
(Source: the white house/ youtube) pic.twitter.com/qrgbe9a8o5 – ani (@ani) April 29, 2025
When asked if a tariff deal can happy song, bessent replied that the us and India are very close on it and the negotiations are ‘moving well’. He said that it is easy to negotiate with India as compared to many other countries.
He Said, “We are very close on India, and it is easy to negotiate with India We go through these unfair trade deals that have been after put in place over decades, but the non-tariff trade barriers can be much more insidion and also harder to detect. “
“So, A Country Like INDIA, which has posted and ready tariffs, makes it much emier to negotiate with them. So I think the Indian negotiations are moving wells,” Bessent content.
#Watch | Washington, DC | United States Secretary of the Treasury, Scott Bessent Says, “We are very close on India and it is an emier to negotiate with India than many countency, they are they Much Easier to confront the direct tariffs as we go… pic.twitter.com/waknh9ybb4 – ani (@ani) April 29, 2025
India-Rus Bilateral Trade Agreement
India on tuesday said that the meetings for negotiation of bilateral trade agrement (BTA) with the us are making ‘Positive Progress’.
Earlier, PM Modi had visited the us in February and help a bilateral meeting with us president donald trump.
Now, as part of ongoing bta discusations, representatives of India’s department of commerce and the office of the US trade representatative met in washington, dc, from april 23 to 25. Held in March in New Delhi.
In a statement, the ministry of commerce and industry said that during the meetings in washington, dc, the team Had fruitful discussions on various topics, Incliding Tariff and Non-Tariff Matters.
“The team discussed the pathway for concluding the first tranche of the mutually beneficial, multi-sector bilateral trade agrement by fall of 2025, Including Throughies for Early Mutal Wince. While Productive Sectoral Expert-Level Engages have taken place through the Virtual Format, in-Person sectoral engagements are planned from end May, “The statestry in the statement bus.
These discussions are part of bilateral efforts in line with the leaders’ Statement of February 2025 to improve and expand India-as Economic Ties and Supply Chain Integration Throurth.
(With ani inputs)