Finance Minister Nirmala Sitharaman has called for an early conclusion to the proposed India-US trade agreement, citing benefits for bilateral economic ties and global trade. Her remarks follow signals from Commerce Minister Piyush Goyal and US Ambassador Sergio Gor
Finance Minister Nirmala Sitharaman said India-US trade negotiations are continuing but may have reached a plateau, with both sides finding further concessions difficult. She said the bilateral trade balance currently favours India as Washington seeks to reduce its deficit.
The Commerce Ministry will meet industry bodies and export promotion councils on September 1 to review India-US trade performance and recent bilateral developments, ahead of Commerce Minister Piyush Goyal’s planned US visit for the G20 Trade Ministerial and bilateral talks
Commerce and Industry Minister Piyush Goyal said adequate safeguards are in place in the India-US trade agreement to protect farmers and domestic industry. He said the deal is balanced, will boost exports and ensure fair market access for both countries
