- India expects to finalize a strong trade deal with the US alongside the EU pact
- Commerce Minister Piyush Goyal confirmed ongoing, positive talks with US counterparts
- India does not set artificial deadlines for trade negotiations, including with the US
India expects to conclude a strong trade agreement with the United States, with negotiations continuing in parallel to its recently concluded pact with the European Union, Commerce and Industry Minister Piyush Goyal said.
Speaking in an interview with NDTV, Goyal said India remains in regular contact with US counterparts and is confident of reaching a deal. He pushed back against suggestions that progress on the Europe agreement could delay talks with Washington.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
“We are having very good discussions with the United States of America,” Goyal said. “I think we'll have an equally robust, equally good deal with the United States quite soon.”
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
The comments come as India and the US continue negotiations that resumed last year after a pause triggered by tariff actions. While the talks have yet to reach a conclusion, Goyal's remarks signal confidence that discussions are moving forward despite geopolitical and trade-related frictions.
ALSO READ: India Frames EU Trade Pact Around Income Growth Before Consumption, Says Piyush Goyal
Parallel Negotiations
Goyal said India does not negotiate trade agreements against artificial deadlines, stressing that talks with the US are proceeding on their own track. The EU agreement, he said, was concluded when both sides were ready, rather than to meet a preset date.
“You must have heard me on so many interviews and public comments. We never negotiate with a deadline,” Goyal said, adding that the European deal was finalised after sustained engagement rather than last-minute pressure.
The minister indicated that the same approach applies to negotiations with the US, where discussions are ongoing at multiple levels as both sides work through outstanding issues.
Policy Signal
By signalling confidence on a potential US agreement soon after the EU pact, Goyal positioned India's trade strategy as multi-track rather than sequential. The comments suggest New Delhi sees scope to deepen economic engagement with Washington without linking progress to timelines or external commentary.
ALSO READ: India-EU Free Trade Deal Explained: What Changes, What Gets Cheaper, And Which Sectors Get A Boost
The remarks also indicate that India views its major trade negotiations as complementary, rather than competitive, as it seeks to expand market access and economic partnerships across developed economies.
ALSO READ: EU-India Trade Deal: What's Next And What Could It Mean For Geopolitics?
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
