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Trade priority for US, expect more meetings: Top US official on India deal
🇴🇲 Oman /Economy & Trade

Trade priority for US, expect more meetings: Top US official on India deal

From Times of Oman · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Ongoing story
  • The US considers trade a priority, with more meetings expected to finalize a trade deal with India, according to a State Department spokesperson.
  • A balanced trade relationship is seen as key to unlocking the full economic potential between the two nations.
  • Bilateral trade has significantly increased over the past two decades, and both countries are nearing an interim trade agreement.

The United States views trade with India as a top priority and anticipates further discussions to conclude a trade agreement, stated US State Department Spokesperson Tommy Pigott. He emphasized that President Donald Trump has consistently highlighted trade as a key focus for Washington.

President Trump has made no secret that trade is a priority for the United States, and having balanced trade relationships makes the bilateral relationship between our countries all the more stronger and allows us to realise that full economic potential, unleash that economic potential of that balanced trade relationship between our two countries.

— Tommy PigottExplaining the US's focus on trade with India and the importance of a balanced relationship.

Pigott explained that establishing a balanced trade relationship with India is crucial for realizing the full economic potential of both countries. "President Trump has made no secret that trade is a priority for the United States, and having balanced trade relationships makes the bilateral relationship between our countries all the more stronger and allows us to realise that full economic potential, unleash that economic potential of that balanced trade relationship between our two countries," he told ANI.

We are encouraged by the cooperation and dialogue we've seen on so many of these issues. And I also think Ambassador Gor, the results and relationship he has with so many Indian officials is a testament to the priority, the strategic partnership of this relationship, and how we're committed to strengthening that strategic partnership to the benefit of both our nations.

— Tommy PigottPraising the cooperation and dialogue between the US and India, and highlighting the efforts of Ambassador Gor.

Further meetings are expected soon between the US Trade Representatives (USTR) to advance these discussions. US Ambassador to India, Sergio Gor, has been instrumental in prioritizing the strengthening of the strategic partnership, which is expected to benefit both nations. Gor noted that bilateral trade in goods and services has surged from $20 billion to over $220 billion in the last two decades, underscoring India's growing importance as a strategic ally for Washington, both economically and globally.

Just last week, India had sent a team to Washington DC to finalise the last 1 per cent of that trade deal. Next week we will welcome a U.S. delegation here to continue those talks.

— Sergio GorDetailing the final stages of the trade negotiations and upcoming meetings.
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Originally published by Times of Oman. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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