New Delhi, Feb. 16 -- Union Commerce and Industry Minister Piyush Goyal on Sunday said that the first tranche of the Bilateral Trade Agreement (BTA) with the United States is expected to be concluded by the fall of 2025.

The minister made the remarks at the ET NOW Global Business Summit 2025.

He said that India is expanding its partnerships and forging new ones across the world.

Goyal referred to Trade and Economic Partnership Agreement (TEPA) with EFTA countries - Switzerland, Iceland, Norway & Liechtenstein and talks for trade agreements with other countries.

"The progress we are making in other engagements with Europe and the progress we will soon make with the United States of America as we proceed to finalise a trade deal by fall...