India and US nearing conclusion of trade deal, says Jaishankar
External Affairs Minister S Jaishankar stated that most issues have been resolved and remaining concerns lie primarily on the American side.
External Affairs Minister S Jaishankar said the trade deal between India and the United States is expected to be closed soon. Speaking at the Hindustan Times Leadership Summit 2026, Jaishankar noted that the bulk of the issues have been sorted out.
According to the Hindustan Times, Jaishankar expressed the expectation that negotiations are in the final stretch. He said that the aim is to secure a trade deal that is balanced and mutually beneficial.
The minister stated that the remaining concerns are more on the American side than in New Delhi. He noted that in many cases, changes have been more on the American end than on the Indian side.
Jaishankar mentioned that negotiators do not usually disclose specific details during a negotiation. He observed that people often become impatient during the final stages of any major event and ask how long it will take to conclude.
The minister also touched upon the conflicts in Ukraine and West Asia, as well as crises in parts of Africa. He spoke of a readjustment of the world order involving the rise of new powers.
Jaishankar said the rivalry between the United States and China is one of the factors behind ongoing frictions, but not the only one. He added that strong and steady leadership is imperative during these times.