India-US Trade Talks Resume as India Nears EU Free Trade Agreement and Joins Pax Silica
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71 SourcesNew Delhi, India
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India-US Trade Talks Resume as India Nears EU Free Trade Agreement and Joins Pax Silica

India and the US are set to resume trade talks following a period of strained relations marked by high US tariffs on Indian goods and disagreements over deal terms. US Ambassador Sergio Gor emphasized the strategic importance of India to the US and announced India's invitation to join the US-led Pax Silica initiative on critical minerals and AI supply chains. Concurrently, India is advancing a free trade agreement with the European Union, nearing finalization amid efforts to diversify trade and reduce dependence on China. Germany's Chancellor Friedrich Merz's visit to India underscored deepening economic and security cooperation, including defense collaboration and support for the India-EU trade pact. These developments reflect India's strategic realignment amid global trade uncertainties and shifting geopolitical dynamics.

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