India, US BTA not signed yet, 5 rounds of talks held: Govt to Parliament
BTA negotiations were launched in March 2025.
The Minister of Foreign Affairs, the Ministry of Commerce and Industry, in a written response to Lok Sabha “India and the United States have not yet signed one -sided trade agreements,” he said.
In a separate answer, the last round of the last talks were held between July 14-18 in Washington, he said.
The Minister also said that India’s Free Trade Agreement with England (FTA) is a modern, comprehensive and important agreement aimed at reaching in -depth.
Economic integration with the liberalization of trade and tariff concessions.
“FTA provides a comprehensive market access to goods in all sectors and sectors covering India’s export interests.
Ez Each FTA is unique and is based on certain dynamics of trade and aims to maximize the benefits for both nations. ” He said.
It is expected that more than 99% of Indian exports will benefit from the liberalization of the tariff within the scope of FTA, including developed export opportunities in labor -intensive sectors such as textile, leather, jewels and jewels, engineering goods, automobile parts and chemicals.
FTA will also support service exports due to commitments such as CT/ITES, financial services, professional services and other businesses.
Services and training services.
This agreement will benefit Indian farmers, fishermen, workers, MSMEs, initiatives and innovators. ”
While the Indian-UK FTA negotiations ended in May, negotiations with the EU continue. Until recently, twelve rounds have been negotiated, the last one in Brussels between 7-11 July.
