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of <h1>US-India Trade Talks Seek Bold Economic Partnership, Targeting $500B Bilateral Commerce by 2030 with Strategic Sector Negotiations</h1> India and the US are negotiating a bilateral trade agreement aimed at doubling two-way commerce to USD 500 billion by 2030. Both countries will carefully approach the negotiations, protecting their sectoral sensitivities. The US seeks duty concessions in industrial goods, agriculture, and dairy, while India may focus on textile sector reductions. Current bilateral trade stands at USD 119.71 billion, with India maintaining a trade surplus. Negotiations are planned for completion by fall of the current year.
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