India-US trade deal ‘more or less’ finalised, framework for preferential access being worked out: Commerce
- Posted on September 9, 2026
- By Business News Today
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- 1 min read
In brief
India and the United States are advancing their bilateral trade negotiations, with commerce officials confirming substantial progress toward a comprehensive trade agreement. Concurrently, New Delhi is strengthening economic ties across multiple regions through parallel free trade agreements with Chile and New Zealand, expected to launch by October. These strategic partnerships aim to enhance market accessibility, reduce logistics expenses, and position India as a competitive player in global fintech services, particularly targeting emerging markets in the Global South.
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India-US trade deal ‘more or less’ finalised, framework for preferential access being worked out: Commerce
The India-US trade deal is nearly finalized, with both nations discussing preferential market access. India's free trade agreement with Chile is also in its final stages of negotiation. New Zealand FTA is expected to become active soon, potentially in October. Government efforts aim to reduce freight costs and support exporters effectively. India sees significant opportunities to expand its fintech services globally, especially in the Global South.
