India's Commerce Minister Piyush Goyal stated on February 5, 2026, between 7:15:56 AM and 8:45:49 AM UTC that the first tranche of the India-US trade deal is almost ready, with a joint statement to be issued in 4-5 days and formal agreement signing expected in March after 30-45 days, according to REDBOXINDIA on X. Goyal clarified India made no investment commitments to the US. Goyal's announcement follows External Affairs Minister Dr S Jaishankar's earlier comments in Washington DC that trade negotiations are underway under Goyal's purview after discussions between Prime Minister Narendra Modi and US President Donald Trump, as reported by ANI in a prior period. The minister specified the formal agreement on this initial tranche will take 30-45 days, targeting a March signing, per the REDBOXINDIA post within the 1 hour 29 minute reporting window. These developments build on ongoing US-India trade talks, with Jaishankar previously noting he could not predict timelines and deferring to Goyal.
