00:00India and the U.S. are making progress in trade negotiations, with a deal expected to be finalized soon.
00:07U.S. Commerce Secretary Howard Lutnick says both sides are aiming to conclude talks ahead of the July deadline.
00:16Washington is seeking greater market access for American firms,
00:20increased purchases of defense equipment and lower tariffs, especially for agricultural products.
00:25In return, the U.S. may ease access for Indian goods, backed by strong relations between President Donald Trump and Prime Minister Narendra Modi.
00:35India's chief negotiator for talks with the U.S. also confirmed last week that trade talks between the two countries were progressing well.
00:43A team from India had visited Washington in April, followed by Trade Minister Piyush Goryal's trip last month.
00:49A U.S. trade delegation is scheduled to visit New Delhi next on June 5 and 6 for further discussions.
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