‘Big items are done’: Envoy Gor hints major boost in India-US trade negotiations
US Ambassador to India Sergio Gor stated that bilateral trade negotiations are progressing rapidly and that major issues have been resolved. He expressed confidence in finalizing a deal soon, noting the unprecedented pace of the talks.
Why it matters
A successful trade agreement between India and the US would significantly impact global supply chains and strengthen strategic economic ties.
US Ambassador to India Sergio Gor said on Thursday that negotiations for a bilateral trade agreement were progressing at an “incredible pace”, adding that the “big items are done”.Speaking at an interactive session at the Bloomberg New Economy Forum, Gor echoed external affairs minister S Jaishankar’s assessment of the negotiations, saying the two sides were “very close to landing it”.Asked about the status of the talks, Gor said he did not want to disclose too many details at this stage, leaving it to the ministers to make announcements. However, he maintained that the major issues had been resolved.“We're actively engaged... within three weeks of arriving here, we announced a trade deal. The European Union trade deal took almost 20 years.
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