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Piyush Goyal Clears The Air On India- US Trade Deal Amidst Intense Speculations
“The deal also helps us get the best of technologies from America so that we can become the data centre of the world and can have large investments post the successful AI Summit”, he said.
File Picture : ANI/X
Union Minister of Commerce and Industry Piyush Goyal has rejected reports suggesting that India is planning to hold off trade deal with the United States for several months.
According to ANI report , Speaking at the NXT Summit 2026 in New Delhi, the Union minister said, “There is some absolutely baseless report circulating from today morning… which you should trash. There is absolutely no basis in it at all. We have a very good trade agreement with the United States of America.”
Piyush Goyal reassured that the deal is a win-win deal for both India and the United States saying, “We have been able to protect all our sensitive sectors like Agriculture. India’s interests have been safeguarded like no GM products, no rice, no corn, no maize, no soya bean and no dairy or poultry either. It is a very powerful agreement, it is great for both India and America as every trade deal should be.”
The commerce minister also highlighted how India would gain from the deal in the long run.
“The deal also helps us get the best of technologies from America so that we can become the data centre of the world and can have large investments post the successful AI Summit”, he said.
Earlier, commerce ministry officials said India and the United States remain engaged for a mutually beneficial trade agreement, and there is no holdup in bilateral engagement.
The United States and India last month announced that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade.