New Delhi [India]: US Deputy Assistant Secretary in the Bureau of South and Central Asian Affairs Bethany Poulos Morrison said that Washington is "very, very close" to concluding the historic trade agreement with India.
Speaking at an event, Morrison said, "Looking at trade, in February 2026, we announced the intention to finally conclude the historic trade deal. We are very, very close."
She added that the proposed agreement would open India's market of 1.4 billion people to American goods on "reciprocal and mutually beneficial" terms.
"This is going to open India's market of 1.4 billion to America's goods on terms that are reciprocal and mutually beneficial. The administration is driving towards the goal of Mission 500, 500 billion in trade by 2030, with a real sense of urgency," she said, referring to the broader trade target between the two countries.
Highlighting recent trade performance, Morrison noted that 2025 was a "historic year" for India-US trade.
