Indian and US officials have initiated formal talks in Washington regarding a proposed bilateral trade agreement to address various issues across 19 chapters. The United States is looking to improve market access and reduce tariffs to tackle the trade deficit with India, which stood at USD 45.7 billion in 2024. The discussions aim to boost economic cooperation between the two nations and foster stronger trade relations. Both sides are expected to negotiate key areas such as agriculture, intellectual property rights, and digital trade to enhance bilateral trade opportunities. The talks come at a crucial time as both countries look to strengthen their economic ties and explore new avenues for collaboration. The negotiations are significant for India as it seeks to expand its export market and attract more foreign investments. Stay tuned for more updates on the progress of the discussions and the potential impact of the proposed trade agreement on the economies of India and the United States.