New Delhi, June 4 -- US Secretary of Commerce Howard Lutnick expressed strong optimism regarding the prospects for a comprehensive trade agreement between the United States and India, stating that negotiations have reached a productive stage with both nations identifying mutually beneficial arrangements.

Speaking at the eighth US-India Strategic Partnership Forum Leadership Summit, Lutnick indicated that stakeholders should anticipate a formal agreement in the near term, emphasising that both countries have successfully identified common ground for advancing their trade relationship.

Lutnick characterised the current negotiation environment as exceptionally positive, noting that both nations have positioned appropriate representatives t...