India-US trade deal nearing finish line? What Jaishankar, Piyush Goyal said on negotiations and ties

What happened: India and the US are still negotiating a proposed bilateral trade pact, with External Affairs Minister S Jaishankar saying talks appear headed toward a "landing point." Commerce Minister Piyush Goyal called ties "very good." Key numbers: Negotiations have run since early 2025. Why it matters: Jaishankar said the outcome depends partly on terms other countries secured with Washington, and that not everyone has a deal. Goyal said the relationship extends beyond trade to defence, technology and critical minerals.

India and the US are still negotiating a proposed bilateral trade pact, with External Affairs Minister S Jaishankar saying talks appear headed toward a "landing point." Commerce Minister Piyush Goyal called ties "very good."

Jaishankar said the outcome depends partly on terms other countries secured with Washington, and that not everyone has a deal. Goyal said the relationship extends beyond trade to defence, technology and critical minerals.