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Sergio Gor gives update on India-US trade deal

Sergio Gor, the US ambassador to India, provided an update on the US-India trade deal at The Economic Times World Leaders Forum. According to Gor, almost all aspects of the agreement are in principle, though there are still legal and technical details to finalize. He emphasized that the bill has passed the Senate with a bipartisan majority, unlike the push for a 100% tariff on countries buying Russian oil, which is not backed by the White House or President Trump.

The ambassador highlighted the strong US-India relationship, noting that both the Trump and Modi administrations share a "deep and personal friendship." They are both forward-thinking, results-driven leaders who want to take action quickly. Gor also pointed out that India's importance to the US is evident in the presence of high-level government officials visiting the country, including Secretary Rubio, who is set to return for a longer visit in October.

Gor further discussed the US-China relationship and India's complex situation with Pakistan and Turkey, where India maintains an adversarial stance. He explained that the US has to engage with all neighboring countries, regardless of the relationship dynamics.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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Venezuela Housing Law Passed to Spur Post-Quake Building

Venezuela's National Assembly passed a new housing law on 21 August 2026 to promote construction after deadly earthquakes. The law replaces an anti-fraud statute and awaits publication to take effect.

  • Venezuela's National Assembly passed housing law on 21 August 2026
  • Law replaces 2012 anti-fraud statute, aims to boost real-estate sector
  • Requires developer registration, protects homebuyers post-earthquakes

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