Bhubaneswar, Feb. 7 -- The United States of America and India have agreed on a framework for an Interim Agreement on reciprocal and mutually beneficial trade, reaffirming their commitment to concluding a broader U.S.-India Bilateral Trade Agreement (BTA). The announcement was made through a joint statement issued on February 7.

The framework builds on the BTA negotiations launched by U.S. President Donald J. Trump and Prime Minister Narendra Modi on February 13, 2025, and aims to expand market access, ensure balanced trade, strengthen supply chains, and deepen economic and strategic cooperation between the two countries. Both sides described the Interim Agreement as a historic milestone in the U.S.-India partnership.

Under the framework...