Key Points

Union Minister Piyush Goyal expressed optimism about the ongoing negotiations between India and the United States to double bilateral trade. He emphasized that during a meeting in February, Modi and Trump laid out a strategic framework to boost trade to $500 billion. Goyal reiterated India's commitment to strengthening economic ties with developed nations while ensuring opportunities for domestic startups and skilled professionals. He also highlighted the success of Operation Sindoor as a symbol of India's self-reliance and defense capabilities.

Key Points: Piyush Goyal on India-US Trade Talks Progress under Modi-Trump

  • Talks aim to double India-US trade to $500 billion
  • Modi and Trump laid groundwork for trade agreement
  • Focus on startups, skilled manpower, and balanced international agreements
  • Operation Sindoor highlighted as a symbol of self-reliant India
2 min read

Going very well: Piyush Goyal on negotiations between India, US to double bilateral trade

Piyush Goyal highlights positive progress in India-US $500B trade talks, lauding Modi-Trump strategy.

"The negotiations are going on very well. - Piyush Goyal"

New Delhi, May 29

Union Commerce and Industry Minister Piyush Goyal on Thursday said that the negotiations to double bilateral trade between India and the United States (US) to 500 billion dollars were going "very well."

"During their meeting in February, PM Narendra Modi and President Donald Trump decided on a good bilateral trade agreement, in the best interest of both countries, which enables bilateral trade to reach $500 billion. We will work to make it happen...The negotiations are going on very well," Goyal told reporters here.

The Union Minister further stated that India never interferes with the internal affairs of other countries and intends to have good economic ties with developed countries to create new opportunities for the youth and farmers.

"India never interferes with the internal matters of other countries...India wants good economic ties with the developed countries so that new opportunities are developed for our youth, farmers, and employed classes," Goyal said.

He said that the centre was working towards creating additional opportunities for startups and skilled manpower, including doctors and nurses.

"We are dedicated to creating more opportunities for our startups, skilled manpower, doctors, and nurses by making good and balanced agreements with the developed countries of the world, like the free trade agreement and mobility agreements," Goyal added.

Meanwhile, Goyal asserted that Operation Sindoor brought the entire nation together and also became a symbol of Aatmnirbhar Bharat (self-reliant India).

He said it became a defining moment for the country's defence manufacturing capabilities under the major India program, showcasing India's capabilities before the world.

"Operation Sindoor not only brought the whole nation together but also became a symbol of Aatmanirbhar Bharat. It became a defining moment for our defence manufacturing capabilities under the major India programme, showing the world what India can do, and also demonstrated to the world that India is a responsible nation," Goyal said.

- ANI

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Reader Comments

R
Rajesh K.
This is excellent news! Doubling trade with the US will create so many job opportunities for our youth. Hope we negotiate good terms for our farmers too - they deserve better market access for their produce. 🇮🇳
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Priya M.
While the trade deal sounds promising, I hope we don't compromise on our domestic industries. 'Make in India' should remain the priority. Also curious how this will affect prices of imported goods for common people like us.
A
Amit S.
Operation Sindoor mention was unexpected but relevant! Shows how defense and trade are interconnected. More trade means more resources for self-reliance. Jai Hind! 💪
S
Sunita R.
As a nurse, I'm particularly happy about the mobility agreements mentioned. Many qualified professionals like us face visa issues. Hope this deal makes it easier for Indian skilled workers to contribute globally while bringing forex back home.
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Vikram J.
$500 billion is ambitious but achievable if we play our cards right. The US needs our market as much as we need their tech. Just hope we don't end up as just a consumer market - want to see more Indian products in US stores too!
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Neha T.
The non-interference policy mentioned is crucial. We've seen how trade gets mixed with politics globally. India's stance of focusing purely on economic benefits is mature and practical. More power to our negotiators! ✨

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