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India-US Trade Talks: No Rush, Big Goals

  • India is in continuous dialogue with the US on the proposed bilateral trade agreement (BTA), aiming to safeguard national and public interests.
  • Commerce Minister Piyush Goyal emphasized that negotiations should not be rushed and must protect the country's interests.
  • The target is to finalize the first phase of the agreement by fall 2025, aiming to double bilateral trade to USD 500 billion by 2030.
  • Goyal highlighted the importance of timelines but cautioned against compromising national interests for deadlines.
  • India is also progressing well in trade talks with the EU, focusing on removing non-tariff barriers and promoting seamless trade and investments.

Source: Abp News, Hindustan Times, Mint

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