Atul Keshap, President of the US-India Business Council, has expressed optimism regarding the imminent conclusion of a bilateral trade agreement (BTA) between the US and India, describing it as '75 years overdue.' In an interview, he highlighted recent negotiations in Delhi, which lasted two to three days, indicating that both governments are sending positive signals toward finalizing the agreement. A key element of the discussions is a proposed 12.5% tariff on Indian goods, which Keshap asserts is part of the broader negotiations rather than a separate issue. He emphasized the importance of compromise from both sides to address legitimate concerns and facilitate a successful deal. Keshap also noted the need for India to undertake structural reforms and increase research and development spending to enhance its appeal as an investment destination. He expressed concerns about the mutual relevance of US-India relations post-Ukraine war and trade tensions, but praised recent diplomatic efforts, including a visit by Secretary Rubio and the Quad's initiatives.