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Key Points

India is actively engaged in trade agreement talks with the United States according to Commerce Minister Piyush Goyal. The development follows positive exchanges between President Trump and Prime Minister Modi regarding bilateral trade relations. Both leaders have expressed confidence in reaching a successful agreement that benefits both nations. The trade discussions are part of India's broader negotiations with multiple countries including the EU and New Zealand.

Key Points: India US Trade Agreement Talks Active Says Piyush Goyal

  • India and US resume trade negotiations after recent diplomatic exchanges
  • Piyush Goyal confirms active talks at FICCI Leads Summit
  • Trump calls Modi "very good friend" and "great Prime Minister"
  • Modi says discussions will unlock limitless partnership potential
  • Trade negotiations also underway with EU and New Zealand
  • Agreement with Oman expected to be reached soon
2 min read

India is in 'active talks' with the US for trade agreement: Piyush Goyal

Piyush Goyal confirms active India-US trade talks following positive Trump-Modi exchanges. Both leaders express confidence in reaching a successful bilateral agreement soon.

"I feel certain that there will be no difficulty in coming to a successful conclusion for both of our great countries - Donald Trump"

New Delhi, Sep 10

Union Commerce and Industry Minister Piyush Goyal on Wednesday said that the government is actively talking to the US for a bilateral trade agreement.

The minister's remark came after the US President Donald Trump and Prime Minister Narendra Modi shared positive developments around trade talks and ease in bilateral ties.

In his address at the FICCI Leads Summit, Goyal said that trade negotiations are underway with the European Union. India is in talks with New Zealand as well, he added.

The minister further said that a trade agreement with Oman will be reached soon.

Earlier in the day, in a significant step toward easing tensions, US President Donald Trump announced that his administration has resumed trade negotiations with India.

"I am pleased to announce that India and the United States of America are continuing negotiations to address the Trade Barriers between our two Nations," he posted on Truth Social.

Trump, on Tuesday, also described Prime Minister Narendra Modi as a “very good friend” and said he looks forward to speaking with him "in the upcoming weeks".

"I feel certain that there will be no difficulty in coming to a successful conclusion for both of our great countries," he added.

Responding to the US President's remark, Prime Minister Modi said that the discussions will unlock "the limitless potential of the India-US partnership".

"India and the US are close friends and natural partners. I am confident that our trade negotiations will pave the way for unlocking the limitless potential of the India-US partnership. Our teams are working to conclude these discussions at the earliest. I am also looking forward to speaking with President Trump. We will work together to secure a brighter, more prosperous future for both our people," PM Modi posted on X.

In a White House press conference earlier last week, Trump referred to Prime Minister Modi as a "great Prime Minister" and declared: "I'll always be friends with him."

The relationship between the United States and India is unique, Trump said, adding that there was nothing to be concerned about.

PM Modi responded to his remark hours later, stating that he fully shares President Trump's sentiments and appreciates them.

- IANS

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Reader Comments

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Sarah B
While I appreciate the positive developments, I hope our negotiators ensure that Indian farmers and small businesses are protected. The US has very different agricultural policies that could hurt our local producers if not handled carefully.
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Ananya R
Finally! This trade deal has been pending for so long. Better access to US markets for our IT services and pharmaceuticals will be a game-changer for our economy. Hope they finalize it soon! 🙏
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Michael C
The India-US partnership is crucial for global stability. As someone working in the tech industry, I've seen how collaboration benefits both countries. Looking forward to seeing what this agreement brings!
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Priya S
I hope this agreement includes better opportunities for Indian professionals in the US. The H1B visa issues have been troubling for many skilled workers. A fair deal would benefit both nations equally.
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Vikram M
Good to see India negotiating with multiple countries simultaneously. The EU, New Zealand, Oman, and now the US - this shows our government's strategic approach to trade. Make in India getting global recognition! 💪

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