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The United States–India trade agreement is nearing completion, according to US Deputy Secretary of State Christopher Landau, who said negotiations between the two countries are almost finished. The announcement highlights growing economic cooperation between the two strategic partners as they work toward expanding trade, investment and energy collaboration.
Landau made the remarks while speaking at the Raisina Dialogue in New Delhi, one of India’s leading global policy and strategic forums. He said the trade deal between India and the United States has reached the final stages and could be signed soon.
The development signals a major step in strengthening economic relations between the two countries.
During his remarks, Landau also emphasised that the United States is ready to support India’s energy security, particularly at a time when global supply chains are facing disruptions.
He suggested that the US could become a reliable alternative supplier of oil and liquefied natural gas (LNG) to help meet India’s growing energy needs.
According to Landau, Washington is prepared to work closely with New Delhi to ensure both short-term and long-term energy stability.
The comments come amid growing concerns about disruptions in global oil supply following tensions in West Asia.
Energy markets have been affected after Iran reportedly restricted movement through the Strait of Hormuz, one of the world’s most important shipping routes for oil and natural gas.
The narrow waterway connects the Persian Gulf with the Gulf of Oman and handles around 20 percent of global oil and LNG shipments.
Any disruption in this route can quickly impact global energy prices and supply chains.
India is one of the world’s largest energy importers and depends heavily on overseas supplies to meet its domestic demand.
A large portion of India’s crude oil imports traditionally comes from the Middle East. Because of this dependence, geopolitical tensions in the region often influence India’s energy strategy.
Landau suggested that the United States could play an important role in diversifying India’s energy sources and ensuring stable supplies.
On the sidelines of the Raisina Dialogue, External Affairs Minister S. Jaishankar met with Christopher Landau in New Delhi.
The meeting focused on strengthening cooperation in areas including trade, energy security and strategic partnerships between the two countries.
India and the United States have significantly expanded their diplomatic and economic engagement over the past decade.
The upcoming trade deal is expected to further deepen ties between the two countries across sectors such as technology, supply chains, energy, defence and manufacturing.
Officials believe that stronger economic integration will help both nations strengthen resilience against global disruptions.
Analysts also view the agreement as part of broader efforts to enhance cooperation in the Indo-Pacific region.
Although full details of the agreement have not yet been officially released, officials from both sides indicate that negotiations are close to completion.
Once finalised, the deal could mark a major milestone in the evolving India–US economic partnership.
The agreement is expected to promote increased trade flows, encourage investment and strengthen collaboration between the two economies.
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Published: 2h ago