India, US BTA not signed yet, 5 rounds of talks held: Govt to Parliament
India and the US are currently engaged in negotiations for a Bilateral Trade Agreement (BTA), with five rounds of talks completed as of now. Simultaneously, India's Free Trade Agreement (FTA) with the UK, finalized in May, aims for deeper economic...

The BTA negotiations were launched in March 2025.
“India and the US are negotiating a Bilateral Trade Agreement which has not been signed as yet,” minister of state, commerce and industry ministry, told Lok Sabha in a written reply.
In a separate reply, he also said that the last round of talks was held from July 14-18 in Washington.
The minister also said that India’s free trade agreement (FTA) with the UK is a modern, comprehensive and landmark agreement which seeks to achieve deep
economic integration along with trade liberalisation and tariff concessions.
Emphasising that the government takes care of all the sensitivities associated with the FTA and ensures that India’s interests are protected, he said: “Every FTA is unique and is based on specific dynamics of trade and is aimed at maximizing benefits for both nations.”
More than 99% of Indian exports are expected to benefit from tariff liberalization under the FTA including improved export opportunities in labour-intensive sectors such as textiles, leather, gems and jewellery, engineering goods, auto parts, and chemicals.
The FTA will also support services exports due to commitments across trade in services such as IT/ITeS, financial services, professional services, other business
This agreement will benefit Indian farmers, fishermen, workers, MSMEs, startups and innovators,” he said.
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