India and the United States are currently negotiating a trade deal, according to Piyush Goyal, India’s Commerce and Industry Minister. The deal is expected to be finalized by November this year.
Goyal Hopes For US Trade Pact Resolution By November
Goyal, speaking at the Annual Global Investor Conference on Tuesday, acknowledged, “We have had a little bit of geopolitical issues overtaking trade issues in our negotiations with the United States of America.”
However, he expressed hope that these issues will soon be resolved, allowing for the conclusion of a bilateral trade agreement by November, reported The Times of India.
“Lots happen, lots more to go…With the US, we are in dialogue with them,” he stated during an industry chamber session on sustainability.
India has set “red lines” in the negotiations, refusing to open its agriculture and dairy sectors, and asserting “strategic …