Commerce Minister Piyush Goyal reports positive progress in US-India trade negotiations, aiming for a bilateral trade agreement and increased trade volume.

Trade negotiations between the United States and India are making progress and a deal could be finalised soon, U.S. Commerce Secretary Howard Lutnick said on Monday, as both sides push to conclude talks ahead of a July deadline.

India is also seeking a commitment from US that it will completely eliminate tariff on labour-intensive goods like apparel, leather, footwear, gems and jewellery, Business Standard reported.