US Ambassador to India Sergio Gor on Wednesday, June 3, said that the proposed trade agreement between India and the United States is “99 per cent there”, with only a few remaining issues left to be resolved.
While speaking to mediapersons on the sidelines of the CITI India 2026 Conference in Mumbai, Gor expressed optimism that the two sides are close to finalising the interim trade deal, IANS reported.
He shared that officials from both the nations are actively engaged in discussions and remain committed to conclude the agreement. He further described it as a “win-win” outcome for India and the US.
“This morning, I met with the United States delegation visiting from Washington, D.C. Our Deputy Trade Negotiator, who was in Delhi for several days of discussions, is here with a large team… We are very optimistic about the agreement. We are 99 per cent there, and the remaining one per cent is being worked out,” Gor said.
He shared that the delegation is scheduled to return to Delhi and hold a meeting with Union Commerce and Industry Minister Piyush Goyal, since the negotiations are entering the final phase. “The delegation is meeting officials from the Ministry of Commerce and the Ministry of External Affairs, and we will travel back to Delhi tomorrow morning to meet Commerce Minister Piyush Goyal,” he said.
The US Ambassador to India shared that negotiations between India and the US have been underway for nearly one-and-a-half years, compared to nearly 19 years taken for the European Union’s trade agreement with New Delhi. “Both the United States and India are like-minded partners and are committed to finalising the deal. We believe it will be a win-win outcome for both countries, and we are very excited about its prospects,” he said.