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Under the interim trade agreement,&nbsp;India will receive preferential access at a reciprocal tariff rate of 18 per cent to a much larger US import market worth around $160 billion, creating strong near-term export potential for products where India has scale and global competitiveness.

India–US trade pact likely to lift farm incomes, expand access to $46 billion US market

The BTA, which was formally proposed in February following directions from the leadership of both countries, aims to more than double bilateral trade from the current USD 191 billion to USD 500 billion by 2030.

India–US Trade Deal| BTA could be ‘finalised any day now’ as negotiations edge closer: Report

india-us-bta

Under the interim trade agreement, India will receive preferential access at a reciprocal tariff rate of 18 per cent to a much larger US import market worth around $160 billion, creating strong near-term export potential for products where India has scale and global competitiveness.

The BTA, which was formally proposed in February following directions from the leadership of both countries, aims to more than double bilateral trade from the current USD 191 billion to USD 500 billion by 2030.

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India-US BTA

India–US trade pact likely to lift farm incomes, expand access to $46 billion US market

India–US Trade Deal| BTA could be ‘finalised any day now’ as negotiations edge closer: Report

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