'National interest over deadline': Piyush Goyal on India-US trade deal progress

Commerce Minister Piyush Goyal emphasized on Friday that India will prioritize national interest over adhering to any predetermined deadlines in its ongoing trade negotiations with the United States. Speaking at a press conference, Goyal made it clear that the government will not rush into signing a free trade agreement due to external pressures. This stance highlights India's commitment to ensuring that any deal reached serves the country's economic and strategic priorities effectively. Goyal's statement comes amid increasing discussions between India and the US aimed at enhancing bilateral trade relations. While both nations recognize the potential benefits of a comprehensive trade agreement, Goyal stressed that the focus remains on achieving a balanced and mutually beneficial deal. This approach signifies India's strategic patience and its intent to address key issues such as market access, tariffs, and intellectual property rights comprehensively. The minister's remarks are seen as a reassurance to stakeholders that the government is diligently working towards a trade pact that aligns with India's long-term economic goals. By choosing to prioritize substance over speed, India aims to negotiate terms that bolster domestic industries while fostering international collaboration. As negotiations progress, the emphasis remains on crafting a deal that will sustainably enhance the economic partnership between the two nations.

— Authored by Next24 Live