From India’s perspective, the trade discussions are largely concluded, with the country having offered what it considers the best-ever deal. The proposal has reportedly reached US President Trump’s desk at least five times, but additional ambition from the US side is said to be a factor delaying final approval. While the United States has expressed determination to finalise the deal, the official sign-off rests with Trump.
Ambassador Gor also noted that 2026 is expected to be a year of reciprocity in trade, with a focus on fair trade, diversifying the partnership, and reducing the trade deficit. Informal engagement between Indian and US officials continues almost daily, even though no formal discussions are scheduled. Officials are waiting to see if the United States initiates any formal engagement in the coming days.
Beyond trade, Gor emphasised that India remains an essential partner for the United States in areas such as counter-terrorism and technology collaboration. The ambassador also announced that India will be included in the US-led PAX Silica Initiative, aimed at building a secure silicon supply chain. Following this announcement, shares of critical mineral companies, including GMDC and NALCO, saw a notable rise.
Ambassador Gor is expected to present his credentials to the President of India soon, potentially within this week. Analysts suggest that while the trade deal remains in limbo, continued informal communication and strategic cooperation could help maintain momentum in the India-US economic and security partnership.