India and the US are set to finalize the first part of their Bilateral Trade Agreement by the end of 2025 after four days of productive talks in New Delhi. The agreement aims to expand trade to $500 billion by 2030, focusing on market access, reducing trade barriers, and integrating supply chains. Both nations are committed to ongoing collaboration.

A 7.7 magnitude earthquake hit Myanmar’s Naypyitaw, causing the airport’s control tower to collapse and halting air traffic. The death toll exceeded 1,000, with extensive damage recorded in Mandalay and beyond. Ongoing civil conflict complicates rescue efforts, even as international aid arrives.

The decision was made following four days of negotiations between senior officials from India and the US.