New Delhi, May 29 (PTI) Commerce and Industry Minister Piyush Goyal on Thursday said negotiations with the US for a bilateral trade agreement are well on track.

The negotiations for the trade agreement with the European Union (EU) are also progressing at a faster pace, he added.

"We are well on track in our bilateral trade agreement with the US and making fast progress with EU," Goyal said at the CIIs annual general meeting event here.

A US official team is visiting India next week for trade talks with India. PTI RR BAL BAL

Bilateral trade negotiations advancing, with active talks and an upcoming US delegation visit signaling continued progress. Negotiations for a bilateral trade agreement with the United States are reported to be on track, while talks with the European Union are progressing rapidly; an upcoming visit by a US official delegation indicates continued, active rounds of consultation without specifying terms or timelines.