Engaged in very fruitful discussions to expand our trade and economic partnership," Goyal said in a social media post. ADVERTISEMENTThe meeting holds immense importance as both countries are looking to finalise the legal text for the first phase of a bilateral trade agreement. To sign and implement the first phase of the bilateral trade agreement, the framework has to be converted into a legal document. The US accounts for about 18 per cent of India's total exports, 6.22 per cent of its imports, and 10.73 per cent of its bilateral trade. In 2024-25, bilateral trade were USD 86.5 billion in exports and USD 45.3 billion in imports.

Source: The Telegraph February 26, 2026 09:04 UTC