India-US set $500 bn goal by 2030 with Bilateral Trade Agreement
India and the US made progress on expanding bilateral trade during discussions in New Delhi, aiming to reach $500 billion by 2030. Both sides agreed to a multi-sector Bilateral Trade Agreement (BTA), with sectoral engagements starting soon and an in-person negotiating round expected by fall 2025. The discussions focused on market access, tariff reduction, and supply chain integration.
