India Aim for Interim Trade Deal With USA Within 90 Days
India and the United States may finalize an interim trade agreement within the 90-day tariff suspension announced by the Trump administration, provided the deal offers mutual benefits, a senior government official said on Friday.
According to the information, both countries have already settled the Terms of Reference (ToR), setting the stage for formal negotiations. The focus will be on achieving an agreement that delivers a “win-win” outcome for both sides.
“There are many low-hanging fruits we can act on,” the official noted. “It’s entirely possible to shape and finalize the Bilateral Trade Agreement (BTA) within 90 days if both parties are aligned.”
Target: Doubling Trade by 2030
The upcoming trade agreement marks the beginning of a larger plan. India and the US have committed to completing the first phase of the deal by September–October this year. The long-term goal is to expand bilateral trade to $500 billion by 2030, more than doubling the current trade volume of around $191 billion.
Negotiations have already begun, with India reportedly ahead of other countries in progressing toward a comprehensive trade deal. Officials confirmed that discussions will continue through a combination of virtual meetings and in-person visits, maintaining consistent diplomatic engagement between the two nations.
This potential trade breakthrough comes at a time when both economies are seeking to deepen their strategic and economic ties amid shifting global dynamics.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
