New Delhi: India’s Commerce Secretary Rajesh Agrawal has announced that the bilateral trade deal between India and the United States is “very near completion.” Speaking in an exclusive interaction with CNBC TV18 following the presentation of “Budget 2026,” Agrawal signalled that the world’s two largest democracies have successfully ironed out most of the “sticky issues” that previously hindered progress, bringing a finalised agreement within reach.

While the bilateral deal is on the verge of being sealed, Agrawal tempered expectations regarding a broader, comprehensive Free Trade Agreement (FTA), noting that the sheer scale of the US economy requires more time for such an expansive pact. “The US is a big economy, and a larger FTA will take time,” he said, adding that while New Delhi is eager to........

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