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India moves to ease import checks amid talks on US trade deal

India and the United States are negotiating a trade agreement, which New Delhi hopes could help secure relief from a 50 per cent tariff imposed by US president Donald Trump on some Indian exports over the country’s purchases of Russian oil.

Import-India

Trucks with shipping containers are parked at Jawaharlal Nehru Port, in Navi Mumbai, India, August 27, 2025. (Photo: Reuters)

INDIA said on Wednesday it will introduce reforms to simplify import quality checks, a step that addresses concerns raised by the United States over what it has called the country’s “burdensome” import-quality requirements.

India and the United States are negotiating a trade agreement, which New Delhi hopes could help secure relief from a 50 per cent tariff imposed by US president Donald Trump on some Indian exports over the country’s purchases of Russian oil.


The trade ministry said the reforms will focus on cutting red tape and easing compliance for importers.

The measures include reduced paperwork, shorter timelines and fewer inspections required for quality approvals.

“The reforms aim to accelerate processes, reduce turnaround times, and leverage technology-driven systems to make quality assurance faster, more transparent, and more accessible for enterprises, institutions, and citizens,” said Jaxay Shah, the chairman of the Quality Council of India.

The government said the changes are intended to make the import system more efficient while maintaining quality standards, as trade discussions with Washington continue.

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Highlights

  • Asia-Pacific shares rise 26 per cent for year, marking best performance since 2017.
  • Gold surges 72 per cent in 2025 to reach $4,525.86 per ounce, while silver jumps 150 per cent to record $72.27 in best year ever.
  • US economy expands faster than expected in third quarter, pushing S&P 500 to closing record.

Asian stock markets led a global rally on Wednesday as shares held near record levels, while precious metals extended their bullish momentum to unprecedented highs as 2025 draws to a close.

The broadest Asia-Pacific index outside Japan rose 0.4 per cent, capping a 26 per cent gain for the year, its strongest performance since 2017.

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