US-India trade deal weeks away, says Marco Rubio amid Quad push
Synopsis
Key Takeaways
The United States and India are only weeks away from sealing a long-pending bilateral trade agreement, US Secretary of State Marco Rubio told lawmakers on Wednesday, signalling fresh momentum in economic ties between the world's largest and oldest democracies. Testifying before the House Foreign Affairs Committee in Washington, Rubio said both Washington and New Delhi were closing in on the final contours of the pact.
What Rubio said on the trade pact
“The hopes that we can wrap up the negotiations on our trade agreement, which we think were a few weeks away from being able to conclude,” Rubio said, adding that ‘both sides want to see it done.'
The Secretary of State, fielding questions on his recent India visit, repeatedly framed New Delhi as a pivotal strategic partner in the Indo-Pacific.
Quad moves from dialogue to delivery
Rubio said his India trip included consultations with counterparts from the Quad — comprising India, the United States, Japan, and Australia — with a leaders' meeting slated before the end of the year.
“The Quad, an important alliance in the Indo-Pacific between India, Japan, Australia, we've had multiple meetings of that group, including a meeting just last week in India and a follow-up that's going to occur later this year, including a leaders meeting before the end of the year,” Rubio told lawmakers.
He indicated the four countries are pivoting from dialogue to concrete projects, with maritime domain awareness emerging as a flagship workstream. Rubio cited the need to monitor shipping routes, undersea cables, and sanctioned vessels — a thinly veiled reference to growing Chinese activity in regional waters.
Critical minerals and the China hedge
Rubio pointed to expanding cooperation on critical minerals and emerging technologies, both increasingly viewed by Washington as central to economic and national security.
“We held a rare Earths ministerial that was attended by over 30 countries from around the world, all of which were signing up for an American-led effort to ensure that critical supplies of rare earth minerals around the world are available for our emerging economies, and we don't remain overly dependent on China,” he said.
The new ‘Pax Silica' initiative
Rubio also flagged a new 14-country initiative called ‘Pax Silica', aimed at securing supply chains linked to artificial intelligence.
“These are 14 countries that are cooperating with one another to protect the supply chains critical to AI and AI development in the future,” Rubio said.
What happens next
If Rubio's timeline holds, an India-US trade announcement could land within weeks, capping months of stop-start negotiations over tariffs, market access, and digital trade. A Quad leaders' summit later this year is expected to formalise the maritime and tech tracks Rubio outlined.