According to a report by Times Now, a senior United States official has indicated that a bilateral trade deal between Washington and New Delhi is nearing completion, with progress estimated at 90 percent. The official suggested that the breakthrough is part of a broader, deepening strategic partnership between the two nations, signaling potential shifts in economic cooperation.
While the report highlights significant momentum in the negotiations, it does not provide specific details regarding the remaining 10 percent of the agreement or the timeline for a final signing. The trade relationship between the US and India has been a focal point of recent diplomatic efforts, aimed at diversifying supply chains and reducing reliance on other manufacturing hubs in the region.
As of now, neither the US Trade Representative’s office nor the Indian Ministry of Commerce has issued a formal confirmation regarding the specific '90 percent' figure. Observers note that trade negotiations between the two countries have historically faced complexities regarding tariffs, market access, and digital trade regulations. Further developments are expected as both administrations continue their high-level engagements to finalize the outstanding terms.
The story relies on a single source reporting on a statement from a senior US official. While the claim of a trade deal being '90% done' is specific, it lacks immediate corroboration from official government press releases or secondary international wire services at this time.
No corroborating trusted sources found.
Original report: Times Now