How Are US Envoy Gor and Foreign Secretary Misri Advancing Bilateral Partnership?
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New Delhi, Feb 12 (NationPress) The US Ambassador to India, Sergio Gor, engaged in talks with Foreign Secretary Vikram Misri on Thursday, focusing on enhancing the bilateral partnership and the recently finalized India-US trade agreement.
"It’s always a pleasure to meet with Foreign Secretary Vikram Misri. Our conversation was productive concerning the advancement of the US-India partnership. With the trade deal now complete, numerous opportunities lie ahead!" Gor shared on X after his meeting with Misri.
Just last week, India and the US revealed a framework for an Interim Agreement aimed at reciprocal and mutually beneficial trade, which is intended to facilitate discussions on a comprehensive bilateral trade agreement. The White House officially announced a reduction in tariff on imports of Indian goods from 25% to 18%.
A joint statement noted that this framework underscores both nations' dedication to pursuing negotiations on a US-India Bilateral Trade Agreement, initially initiated by US President Donald Trump and Prime Minister Narendra Modi on February 13, 2025. The interim agreement aims to yield quick results and bolster supply chains, according to officials.
According to the announcement, “The Interim Agreement between the United States and India will signify a significant milestone in our partnership, showcasing a shared commitment to balanced trade grounded in mutual interests and tangible outcomes.”
On February 2, PM Modi had a phone call with Donald Trump and subsequently revealed that 'Made in India' products will now benefit from a reduced tariff of 18% in the US.
"It was wonderful to connect with my dear friend, President Trump, today. I’m thrilled that Made in India products will enjoy a reduced tariff of 18%. My sincere gratitude to President Trump on behalf of India’s 1.4 billion people for this fantastic announcement. When two major economies and the world’s largest democracies collaborate, it enhances our citizens' lives and unlocks vast opportunities for mutual cooperation," PM Modi expressed on X after their discussion.
"President Trump’s leadership is crucial for global peace, stability, and prosperity. India fully endorses his peace initiatives. I look forward to collaborating closely with him to elevate our partnership to unprecedented levels," he added.