Piyush Goyal issues BIG statement on India-US trade deal: ‘Continue to engage with…’
India and the US are working on a long-stalled trade deal that aims to reduce US tariffs on Indian imports from the current 50 percent. India and the US aim to increase bilateral trade to US$ 500 billion by 2030. Goyal was in Germany recently to discuss the India-EU free trade agreement, among other issues.
Commerce Minister Piyush Goyal.
India and the US are making steady progress in trade talks, Union Minister of Commerce and Industry Piyush Goyal said on Thursday. Interacting with DD, Goyal emphasized that India and the US are in talks, the teams are working together and the Commerce Minister is meeting his US counterparts to take the negotiations towards a fair and equitable trade agreement. “We are in dialogue with the United States. Our teams are busy. We recently had the Commerce Minister visit the US and he also met with his counterparts. We continue to engage with them and talks are progressing. We hope to work to reach a fair and equitable agreement in the near future,” Goyal said.
Goyal’s important visit to Germany for the EU agreement
India and the US are working on a long-stalled trade deal that aims to reduce high US tariffs on Indian imports from the current 50 percent. India and the US aim to increase bilateral trade to US$ 500 billion by 2030. Goyal was in Germany to discuss the India-EU free trade agreement, among other issues. In a post on
Meetings of US ambassador Gor in India
Earlier, US ambassador-designate Sergio Gor met Commerce Minister Rajesh Agarwal on October 13 to discuss economic ties between the two countries, including increased investment in the US. “During my visit to India, I met with Commerce Secretary Agrawal and discussed US-India economic ties, including increased investments in the US,” the US embassy said in a post on X. he said. On Saturday, Gor met Prime Minister Narendra Modi and confirmed that relations between the two countries will continue to strengthen. In a post on X, Gor said: “It is an honor to be with Prime Minister Narendra Modi this evening. Our relationship with India will only get stronger in the coming months!” The US embassy in India also posted on X about the warm welcome Gor received from the Prime Minister. “An incredibly warm welcome from Prime Minister Narendra Modi on my first day in India today. I look forward to strengthening the strategic partnership between our two nations!”
(With inputs from news agency ANI).
