Officials described the US as a “very important trade partner” and said the status of the next round of talks, scheduled for Aug. 25 in New Delhi, will only be clear closer to the date.

India and the US are actively negotiating a Bilateral Trade Agreement aimed at doubling their trade to $500 billion by 2030. With discussions underway on market access and tariff concessions, both countries are working towards an interim deal by 2025,

India continues to be “fully engaged” with the U.S. on a Bilateral Trade Agreement, Commerce Secretary Sunil Barthwal says adding that the date for the next round of negotiations has not yet been decided.