GLOBAL   NEWS   PAKISTAN

Rubio Flies to India With Trade Deal Stuck on Tariffs and Oil

Rubio Flies to India With Trade Deal Stuck on Tariffs and Oil

New Delhi (GNP): United States (US) Secretary of State Marco Rubio is travelling to India on Tuesday for his second official visit this year. He is looking to push forward diplomatic and commercial ties while Washington and New Delhi struggle to finalise a trade agreement.

The trip follows a stop in Uzbekistan, where Rubio called for stronger partnerships with Central Asian countries. In India, he will go to Mumbai for talks with Foreign Minister Subrahmanyam Jaishankar and meetings with business leaders.

He is also expected to travel to Jamnagar in Gujarat, which hosts a major refinery run by Reliance Industries, owned by billionaire Mukesh Ambani. The facility is widely described as the world’s largest refining complex. Rubio is further expected to lay a wreath in memory of the victims of the November 2008 Mumbai attacks, which killed 166 people.

The programme differs from his visit in May, when he went to New Delhi and Kolkata, toured the Taj Mahal and met Prime Minister Narendra Modi. No meeting with Modi is planned this time.

The visit comes at a delicate point in the trade negotiations. Speaking in Samarkand on Monday, Rubio said the two countries were “very close” to an agreement, yet expectations of a breakthrough during his stay remain limited.

The two sides had reached an interim deal in February to reduce US tariffs on Indian goods, but talks have dragged on since. A US Supreme Court decision striking down President Donald Trump’s sweeping tariffs has added to the uncertainty, raising questions about the legal framework for any final agreement.

Indian Finance Minister Nirmala Sitharaman described the talks this month as having reached a plateau, beyond which further concessions would be very difficult. Her comment shows how hard it is for both governments to find terms that meet their economic priorities.

Also Read: Pakistan, US Review Trade Deal Talks

Energy is another source of friction. Washington has voiced concern over India’s continued purchases of Russian oil, while New Delhi wants to protect its energy security and keep its options open on supply.

Asked about temporary US sanctions waivers for Russian oil, Rubio said Washington had to weigh several factors, including its ties with other countries and their ability to find alternative supplies. He said, “You also can’t unravel the economy of other countries because of one central issue.”

The comment suggests that US policy will have to account for the economic cost of energy restrictions, even as Washington pursues wider strategic goals. Those goals are also affected by Washington’s warming engagement with Pakistan, India’s long-standing regional rival, which adds to New Delhi’s calculations as it tries to keep its partnership with the US while holding to an independent foreign policy.

+ posts

Managing Editor at Global News Pakistan (GNP), with a Bachelor's degree in International Relations from Riphah International University, graduated with a Gold Medal. Reach out at sabahtareengnp@gmail.com