India's exports rise 23% to $44.4 bn in September, trade deficit narrows
Imports grew 8% to $74.61 billion in September, while exports during April-September rose 18.51% to $259.89 billion, government data showed
India and the United States are on the verge of finalising a trade deal, according to US Ambassador to India Sergio Gor. The major issues are already resolved, with ongoing negotiations over smaller details. Speaking at the Bloomberg New Economy Forum in Delhi, Gor expressed confidence that the two nations would soon conclude the agreement.
The negotiations are complex due to the size of both economies, involving billions of people and numerous products and sectors. Gor, who has been actively involved in several rounds of talks between US Trade Representative Jamie Pressly Greer and Commerce Minister Piyush Goyal, remains optimistic about wrapping up the deal, which has been in discussion for about 1.5 years.
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.
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- 'Big items are done': US envoy on India trade deal economictimes.indiatimes.com
- Closer trade ties with India remain top priority: US envoy Sergio Gor business-standard.com
