America very close to finalising trade deal with India: Marco Rubio

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ET Online | 19 Oct 2026, 11:23 AM ISTUnited States of America's Secretary of State Marco Rubio on Monday said that the country is trying to finalise a trade deal with India right now and is very close to doing that. On Russian oil and gas, Rubio said, "We've had to waive sanctions over the past few months because of the impact on global supplies and prices...We have to manage all of these things. We're trying to finalise a trade deal with India right now. We're very close to doing that. That's one of the things we take into consideration when the President makes a decision about national security waivers and things of that nature. Every country has a complex set of factors that it has to take into account. Geography is real. For some countries, it's very difficult to acquire energy from alternative sources. That's not an excuse, but all of that has to be balanced when making foreign policy..." Show more Show lessRead more onpolicyNewsexim policyIndia US trade tiesIndia US trade relationsIndia US trade relations newIndia US trade dealIndia US trade deal latestUnited States Secretary of StateMarco Rubio

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