The proposed interim trade agreement between India and the US is “99 per cent” complete and negotiators are working to resolve the remaining issues, US Ambassador to India Sergio Gor said on Wednesday, expressing confidence that the pact would be finalised soon.Speaking at Citi India Conference in Mumbai, Gor said a US trade delegation led by Assistant US Trade Representative Brendan Lynch was continuing discussions in New Delhi aimed at concluding the agreement.“Just this morning, before I flew out here to Mumbai, I met with the trade team that is visiting us right now in New Delhi. Tomorrow, they’re going to be meeting with Minister Goyal. We’re on the last 1 per cent. Ninety-nine per cent of this deal is in place. That last per cent we will figure out sooner than later,” he said.Earlier in the day, Gor said on social media that Lynch and his team were in India to continue efforts to finalise the interim trade deal, adding that the negotiations were guided by the vision of US President Donald Trump and Prime Minister Narendra Modi to expand bilateral trade and investment.The envoy described India-US ties as “the most consequential global partnership of the century” and said what the two countries achieve together would help shape the future global order.Highlighting growing economic engagement, Gor said Indian investments in the US had reached record levels, with the Indian mission in Washington recently announcing investment commitments worth USD 20.5 billion. He also pointed to major investments by American technology companies in India, including Amazon, Microsoft and Google.Gor said Washington viewed India as a trusted partner in critical sectors ranging from pharmaceuticals and artificial intelligence to semiconductors, critical minerals and advanced manufacturing. He noted that the two countries had recently signed a critical minerals framework and were expanding cooperation under the TRUST initiative launched by Trump and Modi.The ambassador also underscored the personal rapport between the two leaders, saying their relationship had helped provide continuity and momentum to bilateral ties.The latest round of trade talks comes as New Delhi and Washington seek to conclude the first tranche of a broader bilateral trade agreement aimed at boosting market access, investment flows and supply-chain resilience between the world’s largest and fifth-largest economies.


