India and US advance talks on interim trade agreement

India and the United States have made significant progress in negotiations for an interim bilateral trade agreement following high-level discussions in New Delhi between Commerce and Industry Minister Piyush Goyal and U.S. Trade Representative Jamieson Greer. The proposed pact focuses on digital trade, supply chain resilience, and reducing non-tariff barriers, while India seeks to maintain competitive tariff structures against ASEAN nations. The agreement is expected to support the Mission 500 initiative, which aims to increase bilateral trade to $500 billion by 2030, although a few key issues are still under negotiation.