Union Commerce Minister Piyush Goyal and US Ambassador to India Sergio Gor have refuted recent reports suggesting that India turned down a proposal for a fast-track trade agreement with the United States, labeling such claims as “false” and “misleading.” Both officials emphasized the constructive nature of ongoing discussions between the two nations, aiming to achieve a balanced and mutually advantageous trade deal.
Goyal highlighted that his recent engagements with US Trade Representative Jamieson Greer were fruitful, reinforcing the commitment of both governments to work towards a comprehensive trade agreement. These discussions are seen as a positive step forward, with the focus on creating a trade framework that benefits both countries.
Sergio Gor echoed Goyal’s sentiments, describing the bilateral talks as productive. He assured that both sides are actively engaged in the negotiation process, underscoring the collaborative spirit between New Delhi and Washington. This progress marks an essential phase in strengthening trade ties between the India and the US.
Commerce Secretary Rajesh Agarwal conveyed that the negotiations are advancing smoothly, with a framework for the agreement already in place. Both nations are now looking for the right moment to finalize and sign the deal, signaling readiness to move forward when conditions are favorable.
US officials have also expressed optimism about concluding an interim trade agreement soon. This optimism reflects the ongoing cooperation and engagement between the two countries, suggesting that a significant milestone in India-US trade relations could be on the horizon.