<h1>Two countries near finalizing bilateral trade pact after resumed talks despite tariffs, duties and oil-related tensions</h1> Two countries are reported to be close to finalising a bilateral trade agreement after resumed negotiations that previously paused when one imposed steep tariffs and additional duties tied to purchases of a third country's crude oil. Officials say most issues have converged and no new obstacles have emerged, while one side stresses deals will not be rushed or made under duress. Negotiations follow leader-level instructions to negotiate a pact with a target to conclude the first tranche by fall 2025 and to boost bilateral trade substantially by 2030. Ongoing tensions include sanctions on foreign oil producers and pressure over crude purchases, with exemptions and market diversification under discussion.