Indian and US officials have recently initiated formal discussions in Washington regarding a proposed bilateral trade agreement. The main goal of these discussions is to address and resolve various outstanding issues across 19 chapters. The United States is particularly interested in securing enhanced market access and lower tariffs in order to tackle its trade deficit with India. This trade deficit had escalated to a significant USD 45.7 billion by the year 2024. The negotiations between the two countries are crucial for fostering stronger economic ties and boosting trade relations. Both parties are expected to engage in constructive dialogues to find mutually beneficial solutions that will promote trade and investment between India and the US. Stay tuned for more updates on this developing trade agreement between these two major global economies.