Positive impactEconomy HIGH IMPACT

Trade agreement can contribute to ‘better’ India-US ties, says Jaishankar as Piyush Goyal set to hold talks

Mint 1 hr ago·29 Sept 2026, 7:00 am

External Affairs Minister S. Jaishankar said a potential trade pact with the United States would strengthen bilateral ties, while noting that the pace of negotiations has proved more challenging than expected. Commerce Minister Piyush Goyal is set to lead the next round of talks, aiming to move the discussions beyond the current stalemate.

For investors, a formal agreement could open up new export opportunities for Indian manufacturers, reduce tariffs on key commodities, and boost confidence in sectors that rely on US demand, such as pharmaceuticals, IT services, and consumer goods. Improved trade relations may also influence foreign‑direct investment flows and the broader market sentiment.

Market participants should watch for any official statements on the timeline for a deal, any tariff concessions announced, and the reaction of US trade officials. Updates on sector‑specific commitments, such as technology or agriculture, could further shape investor expectations.

Excerpt from Mint

A trade agreement between India and the US, if concluded, would contribute to ‘better’ bilateral ties, External Affairs Minister S Jaishankar said, noting that expectations of rapid progress in negotiations had been ‘tested’ against a much more complex ground reality. New York, Sep 29 (PTI) A trade agreement between…
Read the original at Mint

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Trade agreement can contribute to ‘better’ India-US ties, says Jaishankar as Piyush Goyal set to hold talks