New Delhi, Feb. 7 -- India and the US released a join statement early Saturday, revealing details of an "interim" framework between the two countries. The statement reveals key terms of the "Interim Agreement" between the United States and India.

"The United States of America (United States) and India are pleased to announce that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade (Interim Agreement). Today's framework reaffirms the countries' commitment to the broader U.S.-India Bilateral Trade Agreement (BTA) negotiations, launched by President Donald J. Trump and Prime Minister Narendra Modi on February 13, 2025, which will include additional market access commitments and support m...