India’s Negotiations with EU and ASEAN

• India is actively seeking to sign new trade agreements with the U.S. and EU, and amend the existing deal with ASEAN.

• India is seeing “good progress” in its negotiations with the EU, but less satisfactory progress on the review of the free trade agreement with ASEAN.

• The Commerce Ministry officials confirmed a team from India is currently in Washington to negotiate the India-U.S. trade deal, their third visit in the last few months.

• The Fall deadline for a Bilateral Investment Treaty with the U.S. is still in place.

• The Indian team has taken sectoral specialists to address minute issues.

• U.S. President Donald Trump’s reciprocal tariff letters have not had any effect so far.

• Teams from India and ASEAN have held nine rounds of meetings so far.

• The next two rounds are expected to be in New Delhi in August and in Malaysia in October.