VOI World/ Ushasi Paul
India-US trade talks must lead to outcomes that benefit both countries, Union Commerce and Industry Minister Piyush Goyal said on Thursday, stressing that negotiations should not be rushed or bound by artificial deadlines. His remarks come as Washington and New Delhi continue discussions on a potential trade package aimed at addressing long-pending market access issues.
Goyal noted that several rounds of substantive engagement have already taken place, indicating steady progress but cautioning against any expectation of a quick, deadline-driven deal. “Never negotiate with deadlines, as they can lead to mistakes,” he said, underscoring that India’s priority is a fair and mutually advantageous agreement rather than a hurried conclusion.
The minister also responded to US claims that India has put forward its “best ever” offers during recent exchanges. If the American side is satisfied with India’s proposals, Goyal said, it should move ahead and “sign on the dotted line.” However, he reiterated that New Delhi will not compromise on interests related to agriculture, small businesses, and sensitive sectors.
Officials said the current engagement with the visiting US Deputy Trade Representative is not a formal negotiation round but part of ongoing efforts to narrow differences. Both sides are expected to continue reviewing tariff concerns, regulatory barriers, and long-standing disputes, particularly those affecting sectors such as electronics, dairy, and steel.
The India-US trade talks have gained renewed momentum amid global supply chain shifts and efforts to deepen strategic partnerships. Industry groups in India are hopeful that a balanced agreement may help reduce tariff burdens and expand market access for exporters.
Although no timeline has been announced for the conclusion of the trade package, both governments have signalled a willingness to continue discussions until a mutually acceptable framework is achieved.
