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Bloomberg Quint

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Image Credit: Bloomberg Quint

India Holds Firm In US Trade Talks, Prioritises National Interest Over Deadline Pressure

  • Commerce Minister Piyush Goyal stated that India will only enter into a trade agreement with the United States if it ensures a balanced, win-win outcome for both sides.
  • India does not negotiate under pressure or against arbitrary timelines, showing a commitment to prioritize national interests over meeting deadlines.
  • Key sticking points, particularly in the agriculture and automobile sectors, remain unresolved in the interim trade deal negotiations between India and the US.
  • India is focusing on maintaining relative competitiveness in key sectors such as leather, textiles, and footwear, indicating a firm stance in trade negotiations.

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