According to reports, Indian Commerce Minister Piyush Goyal emphasized that India will not rush into any trade agreement with the U.S. Key highlights:
• Goyal stated that trade deals must be fully finalized and in national interest.
• India is negotiating FTAs with the EU, New Zealand, Oman, Chile, and Peru.
• No trade deal will be based on deadlines or time frames.
• Existing U.S. tariffs on Indian goods remain until proper agreement.
The development underscores India’s stance on trade negotiations, prioritizing national welfare above all else.
Source: Business News Today, Latest Finance News | The Hindu