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macroJun 23, 2026, 5:21 PM

India and US Close to Formalizing Interim Trade Agreement, DBS Economist Says

DBS economist Radhika Rao reports that India and the United States are nearing the finalization of an interim trade agreement under a new framework.

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According to DBS economist Radhika Rao, India and the United States are close to formalizing an interim trade agreement. The deal would be structured under a new framework first agreed upon by the two countries.

The report highlights progress in the tariff landscape between India and the US, though specific terms or timelines have not yet been disclosed. The agreement is expected to address trade barriers and pave the way for further economic cooperation.

Source: FXStreet Forex News