Indian and US officials have started formal discussions in Washington on a proposed bilateral trade agreement to address issues across 19 chapters. The US is looking for increased market access and reduced tariffs to tackle its trade deficit with India, which hit USD 45.7 billion in 2024. The talks aim to boost trade relations between the two countries and create a more favorable environment for businesses. Both sides are optimistic about reaching a mutually beneficial agreement that will benefit their economies. The negotiations cover a wide range of topics, including intellectual property rights, agriculture, and information technology. This move is seen as a significant step towards strengthening economic ties between India and the US. The outcome of these discussions could have far-reaching implications for businesses and consumers in both countries. Stay tuned for more updates on this crucial trade agreement between India and the US.