World Press Information Bureau
India commits $500 billion U.S. goods purchase over 5 years
The United States and India announced a framework for an Interim Agreement on reciprocal and mutually beneficial trade, reaffirming their commitment to the broader U.S.-India Bilateral Trade Agreement (BTA) negotiations.
Who it concerns: United States and India
Key points
- Eliminate or reduce tariffs on U.S. industrial goods and food/agricultural products by India
- Apply 18% reciprocal tariff on Indian goods by the U.S.
- Remove tariffs on certain aircraft and aircraft parts of India
- India to purchase $500 billion of U.S. energy products, aircraft parts, precious metals, technology products, and coking coal over 5 years
- Address non-tariff barriers including for U.S. medical devices and ICT goods
Also in the document
- $500 billion purchase commitment by India for U.S. goods over 5 years
- 18% reciprocal tariff rate applied by the U.S.
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The original document
Press Information Bureau — Government of India
Official statement · Ref. 2224783 · 7 Feb 2026
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