{
  "id": 15775172,
  "title": "US, India ‘very, very close’ to trade deal, says Rubio",
  "url": "https://urgent.news/2026/10/20/us-india-very-very-close-to-trade-deal-says-rubio",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T17:10:45.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/us-india-trade-deal-energy-ril-rubio-11792513086422.html"
  },
  "original_language": "en",
  "account": "US and India are \"very, very close\" to finalizing a trade agreement, according to US Secretary of State Marco Rubio, who expressed optimism that the pact would be signed soon. Only a few remaining items need to be resolved to complete the deal, Rubio told reporters in Mumbai. The US state department is involved in the negotiations, though it does not negotiate trade agreements directly. Rubio highlighted India's importance as a commercial, business, and strategic partner, noting the country's large population, status as the world's largest democracy, and membership in the Quad strategic alliance. Bilateral trade between the two nations grew by 6.5% to $140.76 billion in FY26, with India having a trade surplus of $33.9 billion. The visit to India, which runs until October 22, includes discussions on energy cooperation with companies like Reliance Industries, which is building the world's largest single-site oil refining complex in Jamnagar.",
  "summary": "US secretary of state Marco Rubio said the US and India are close to a trade agreement, with only a few issues remaining. During his visit, he highlighted India’s strategic partnership with the US and discussed energy cooperation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}