What will change if there is an agreement between India and America? Ministry of Finance said
What will change if there is an agreement between India and America? Ministry of Finance said the last updated: May 27, 2025, 23:44 IST Indo-us trade agreement could open new opportunities for Indian exports. The Ministry of Finance has described it as the conversion of global challenges into opportunities. Highlights India-American Trade Agreement will open new opportunities for export. The Indian economy is getting a new speed with the agreement. The two countries will sign the interim trade agreement by July. New -delhi. A successful trade agreement between India and the US could open new doors to Indian exports. This was mentioned by the Finance Finance Finance Finance Ministry in its latest monthly economic review report. The ministry also acknowledged that this agreement could turn the existing global challenges into opportunities and give a new speed to the Indian economy. According to the report, a successful Indo-American trade agreement can favor the existing unfavorable conditions, give access to the new market and encourage exports. ‘Union Minister Piyush Goyal visited Washington last week in America. Its purpose was to follow the ongoing trade conversations between the two countries. Both sides try to sign an ‘interim agreement’ at the beginning of July. Noteworthy is that US President Donald Trump postponed the proposed 26% import tax (tariff) on a few important business partners, including India, on April 9 90 days. India wants to make full use of this period and make a deal with America. Also read: Why the world’s nobles running in this building with gold, the treasure of 12000 crores held in the 6-story building Indo-American trade: Big figure, big opportunity, in 2024 bilateral trade between the two countries reached $ 129 billion. India is a $ 45.7 billion surplus with the US, that is, India is no longer importing than US exports. Reading call will also take directly from dollar iron! RBI has asked banks to do this job, what will start with neighboring countries and why this agreement is needed? According to the government, direct tax exemption, reducing the interest rate cut of the central bank and fiscal measures is the economy momentum. Capex still plays an important role for economic activities and saves global shocks. This is why the growth rate of India can rise to 6.8%. The Indian rupee remains stable and the Forex Reserve is also strong, which provides external shaking prevention. In order to promote private investment and consumption, income tax exemption and interest rate cuts are described as important. About the author Jai Thakur Jai Thakur has been associated with the world of news since 2018. Since 2022, News18Hindi has been working as a senior sub -editor and is part of the business team. There is interest in news related to business, especially the stock market. Apart from this, I have been associated with the World of News since the Jai Thakur 2018. Since 2022, News18Hindi has been working as a senior sub -editor and is part of the business team. There is interest in news related to business, especially the stock market. Apart from this, give the latest news from India Pakistan on News18 India Location: New Delhi, Delhi Homebusiness If there is an agreement between India and America, what will change? Ministry of Finance said