The Hindu·3 min read·medium
Deal with U.S. ‘ready’ but comparative advantage aspect still being worked out, says Commerce Secretary
T
T.C.A. Sharad Raghavan
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India's Commerce Secretary stated that a framework trade deal with the U.S. is ready but awaits finalization regarding comparative advantages. Negotiations continue amid ongoing U.S. investigations into trade practices like forced labor and excess capacity.
The framework deal, or the interim agreement on trade, between India and the U.S. is “ready” and will be signed at the “right time”, Commerce Secretary Rajesh Agrawal said on Monday (July 13, 2026), however adding that the key aspect of providing India a comparative advantage over its competitors was still being worked on.
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