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    G20 Trade Ministers’ Meeting Highlights India-US Negotiations in late September

    September 30, 2026

    MILWAUKEE, WISCONSIN / RankWire.AI / – During the G20 Trade Ministers’ Meeting and bilateral discussions, India’s Commerce and Industry Minister Piyush Goyal is representing India in the United States. The event takes place in Milwaukee on September 30 and October 1. According to India’s Commerce Ministry, Goyal will also hold a meeting with his U.S. counterpart as part of his visit. The agenda includes negotiations on the India-U.S. Bilateral Trade Agreement and efforts to finalize an interim trade agreement based on the joint framework agreed upon in February 2026.

    India-US trade talks take center stage at G20 meeting
    India-US trade talks remain in focus as G20 ministers meet in Milwaukee

    U.S. Trade Representative Jamieson Greer is hosting the G20 trade gathering, which brings together trade ministers from member economies. The official program addresses issues such as forced labour in global supply chains and excess production capacity. Discussions will also cover the Most-Favoured-Nation principle and trade restrictions related to food. Ministerial sessions are scheduled across both days, alongside meetings and industry events in Milwaukee, organized by the Office of the U.S. Trade Representative.

    India stated it intends to promote an open, transparent, and non-discriminatory multilateral trading system with the World Trade Organization at its core during this meeting. The government emphasized the importance of maintaining policy flexibility for developing economies. Goyal has planned bilateral meetings with other participating ministers on the sidelines, focusing on opportunities for farmers, fishermen, women entrepreneurs, startups, small businesses, and other trade-related enterprises domestically and internationally.

    Focus returns to trade agreement negotiations

    Building on a joint framework announced in February, the India-U.S. trade talks aim for an interim agreement on reciprocal and mutually beneficial trade. That framework reaffirmed ongoing negotiations toward a broader Bilateral Trade Agreement and outlined commitments concerning tariffs and market access for industrial and agricultural products. Additional topics include medical devices, information and communications technology, standards, and supply chain cooperation. Both governments continue efforts to finalize the interim agreement within the wider bilateral negotiations.

    Goyal’s U.S. visit runs from September 29 to October 5, encompassing activities beyond the G20 meeting. He plans to meet with business leaders and investors in Milwaukee and Chicago, representing sectors such as manufacturing, consumer goods, agribusiness, retail, and technology. The schedule includes roundtables with startups and other companies, with in Chicago also scheduled meetings with professional associations representing the Indian community and participation in commemorative events during his stay.

    Supply chains and capacity issues dominate G20 agenda

    The Milwaukee program features a Global Forum on Steel Excess Capacity on September 30, with G20 ministers also scheduled to tour a Rockwell Automation facility before the formal opening later that day. Additional ministerial sessions will be held on October 1. The United States holds the G20 presidency in 2026, and U.S. officials have identified forced labour, excess capacity, food trade, and the Most-Favoured-Nation principle as key topics for discussion at the summit.

    India and the United States initiated negotiations for a broader bilateral trade agreement in February 2025. The February 2026 framework maintained those negotiations while establishing a basis for an interim deal. Goyal’s discussions in Milwaukee are part of this ongoing process, focusing on advancing the bilateral agreement and completing the interim arrangement outlined in the joint framework. The G20 program continues through October 1, while Goyal’s broader U.S. visit extends through October 5.

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