The United States and India are continuing negotiations for a possible trade agreement, but no final compromise is expected to be announced at the G7 summit scheduled for June 15-17 in Évian-les-Bains, France.
According to a senior US administration official, US Trade Representative Jamieson Greer will travel to India in the week following the summit to continue discussions with Indian authorities. Washington believes an agreement remains possible, although several issues still need to be resolved.
Le président américain Donald Trump and Indian Prime Minister Narendra Modi are scheduled to meet on the sidelines of the summit. Trade issues will be among the main topics discussed during this meeting, as both countries seek to strengthen their economic and strategic ties.
The US administration believes India is playing an increasingly important role on the international stage. American officials emphasize that Narendra Modi has an ambitious vision for his country's economic and diplomatic development, which could foster closer ties with Washington.
A US official indicated that Donald Trump wanted to conclude a deal that was "very advantageous" for the United States while maintaining strong cooperation with New Delhi. According to him, the conditions exist to reach a compromise satisfactory to both sides, even if negotiations still require time.
The G7 summit will bring together the leaders of the world's major economies as well as several international guests, including India. This meeting should provide another opportunity for the two countries to discuss their trade relations, as economic exchanges between Washington and New Delhi continue to grow in importance.
Discussions are focusing on market access, tariffs, and investment development. Both governments hope to reach an agreement that will strengthen bilateral trade and deepen their economic partnership in the years to come.
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