New Delhi, May 30 -- The United States and India are within a single percentage point of sealing an interim trade agreement, US Ambassador Sergio Gor declared on Friday, placing the two nations at the threshold of a deal that Washington says will cement the most consequential bilateral relationship of the 21st century.

Speaking at the Indian Institute of Technology in New Delhi at an event focused on the US-India TRUST Initiative, Transforming the Relationship Utilising Strategic Technologies, Gor confirmed that an Indian delegation had travelled to Washington the previous week to resolve the remaining outstanding points, and that an American team would arrive in New Delhi shortly to conclude discussions.

"Our current interim trade agre...