India unlikely to enter India-US trade deal at any cost, pact must be fair, strategic: CII President Rajiv...

India is taking a cautious approach to potential trade agreements with the United States, as highlighted by CII President Rajiv. The Confederation of Indian Industry (CII) has made it clear that any bilateral trade deal must be both fair and strategic. This stance reflects India's growing emphasis on ensuring that international agreements align with its economic interests and long-term goals. Rajiv emphasized that India will not rush into a trade pact under pressure. The focus, he noted, is on creating a balanced deal that supports India's development objectives without compromising its economic sovereignty. This careful approach is indicative of India's broader trade policy, which seeks to foster equitable partnerships while safeguarding national interests. The CII President's comments come amid ongoing discussions about enhancing India-US trade relations. While both nations are eager to deepen economic ties, India remains firm on its prerequisites for any formal agreement. By prioritizing fairness and strategic value, India aims to ensure that any future trade deal will be mutually beneficial and sustainable, strengthening its position on the global stage.

— Authored by Next24 Live