The US government is also keen to finalise the agreement at the earliest, they added.In September, US Ambassador Sergio Gor said India and the United States were working to build a ā€œfair, reciprocal and mutually beneficialā€ trade relationship. ā€œThe US-India relationship stands at a historic high point. Pick any sector and the United States and India are working together on it,ā€ Gor said at the 66th annual session of the Automotive Component Manufacturers Association (ACMA) in New Delhi.

HT reported it on September 3.Gor said cooperation between the two countries extended from information technology and data centres to pharmaceuticals, defence sales and military exercises. He also pointed to potential cooperation in space, citing NASA’s invitation to ISRO to participate in its Moon Base programme.India and the US have been negotiating a bilateral trade agreement since Prime Minister Narendra Modi and US President Donald Trump met in Washington on February 13, 2025.

In February this year, the two countries announced that they had finalised a framework for an interim BTA. Subsequent changes to the US tariff regime, however, have affected the negotiations.