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India-US Trade Deal 99% Done, Signing Expected in Weeks, Predicts Sergio Gor

Negotiators are finalizing the last 1% as a U.S. delegation prepares to visit India next week, officials said.

  • On Friday, U.S. Ambassador to India Sergio Gor said the bilateral trade deal is 99% complete, with Washington expecting a signing in the coming weeks.
  • U.S. Secretary of State Marco Rubio's substantive four-day visit to New Delhi, which ended May 26, accelerated negotiations and sought to strengthen the strategic alliance between both nations.
  • Bilateral trade in goods and services has skyrocketed from $20 billion to over $220 billion over the past two decades, reflecting deeper economic integration between the countries.
  • A U.S. delegation led by Trade Representative Jamieson Greer will visit India from June 1-4 to finalize remaining clauses, continuing discussions held in Washington in April.
  • The TRUST initiative is deepening cooperation in critical technologies like artificial intelligence and semiconductors, positioning both nations to shape the global balance of power.
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NEWS9 LIVE broke the news on Friday, May 29, 2026.
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