Categories: International

"Positive and forward looking": Former Senior Diplomat Mahesh Sachdev on India-US trade talks Delhi

New Delhi [India], September 17 (ANI): Giving insights into the one-day talks held between the US trade negotiator Brendan Lynch and India’s chief negotiator and Special Secretary in the Department of Commerce Rajesh Agrawal, former senior diplomat Mahesh Sachdev stated that the discussions were described as “positive and forward-looking.”

India and the US initiated talks for a just, balanced, and mutually beneficial Bilateral Trade Agreement (BTA) in March this year, aiming to complete the first stage of the Agreement by October-November 2025.

“Today, in New Delhi, one-day talks between the U.S. Assistant Trade Representative and the Indian Ministry of Commerce and Industry’s Special Secretary concluded. Both sides described the discussions as positive and forward-looking, aiming for a future trade agreement…” Sachdev told ANI.

Sachdev further stated that although specific details of the talks were not disclosed by both sides, the differences in dairy, agriculture, fisheries, and India’s demand for equal treatment of IT were outlined.

“The Indian side indicated a quick follow-up meeting and intensified negotiations to expedite a deal… India’s exports to the US have already declined from $8.01 billion in July 2024 to $6.86 billion in July 2025 due to 50% tariffs. This will continue unless the US decides to lower this tariff… Though specific details of the talks were not disclosed, they likely outlined differences in dairy, agriculture, fisheries and India demanding equal treatment in terms of IT… The U.S. cancelled the 6th round of talks last month but has now sent a team to India, suggesting a softening stance…” he further added.

Although the 6th round of talks last month was cancelled, a team had been sent to India, indicating a softening stance, Sachdev stated.

He further stated that US President Donald Trump has emphasised India as an important trade and strategic partner.

“President Trump has emphasised India’s importance as a trade and strategic partner… Prime Minister’s recent China visit was a calculated move and relations with China and Russia reflect its strategic autonomy and multipolar approach, showcasing its sovereign decision-making and diverse international partnerships,” he further added. (ANI)

Source

The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.

Indianews syndication

Recent Posts

GLOBAL MARKETS-Stocks wobble, oil prices fall as Trump says Israel aid will stop

(New throughout, updates prices and adds analyst comment) * Benchmark S&P 500, Nasdaq gains *…

2 minutes ago

Real Madrid hold minute's silence for Tenerife striker De Miguel

VIDEO SHOWS: REAL MADRID PLAYERS AND STAFF HOLD A MINUTE'S SILENCE AT TRAINING IN MEMORY…

3 minutes ago

BRIEF-Melia Hotels Q3 Consolidated Profit €89.4 Mln

Nov 3 (Reuters) - Melia Hotels International SA : * Q3 EBITDA €198.3 MILLION *…

6 minutes ago

Global financial markets were already fragile. Big AI bets could break them

By Dhara Ranasinghe and Amanda Cooper LONDON, Nov 3 (Reuters) - Financial markets are struggling…

7 minutes ago

Virgin Media O2 to cut thousands of jobs and halt UK fibre expansion

By Paul Sandle LONDON, Nov 3 (Reuters) - Virgin Media O2 is set to cut…

8 minutes ago

BRIEF-NOS Q3 EBITDA €225.6 Mln

Nov 3 (Reuters) - NOS SGPS SA: * Q3 EBITDA €225.6 MILLION * Q3 NET…

13 minutes ago