Union Commerce Minister Piyush Goyal and US Ambassador to India Sergio Gor have refuted claims that India turned down a proposal for a fast-track trade agreement with the United States, denouncing such reports as “false” and “misleading.” According to Goyal, recent negotiations with US Trade Representative Jamieson Greer have been fruitful, underscoring both nations’ dedication to crafting a balanced and mutually advantageous trade pact.
Sergio Gor echoed this sentiment, characterizing the discussions as constructive and affirming that both countries remain actively involved in the negotiations. The emphasis from both officials highlights a shared commitment to deepening economic ties and resolving outstanding trade issues efficiently.
Commerce Secretary Rajesh Agarwal also weighed in on the progress of the negotiations, noting that talks are advancing smoothly. He mentioned that the framework for the agreement is already in place, and both nations are simply awaiting the right moment to finalize and sign the deal. This statement suggests that while formalities remain, the foundational aspects of the trade agreement have been effectively agreed upon.
US officials have voiced optimism about the prospect of reaching an interim trade agreement soon. This potential deal underscores the ongoing cooperation between New Delhi and Washington, signaling a strengthening of bilateral economic relations. The positive outlook from both sides suggests an eagerness to bolster trade ties and address any lingering trade barriers.