‘Fake News Alert’: Sergio Gor dismisses report of India rejecting US quick trade deal offer
The US Ambassador said that both sides had "very constructive meetings and reaffirmed their commitment to finalizing a trade deal."
The US Ambassador said that both sides had "very constructive meetings and reaffirmed their commitment to finalizing a trade deal."
Goyal reiterated that both countries remain committed to concluding a balanced and mutually beneficial trade agreement.
US Ambassador Sergio Gor says the India-US trade agreement is nearing completion, dismisses speculation over strained ties and says President Donald Trump continues to view Prime Minister Narendra Modi as a close friend while backing deeper cooperation across trade, defence and technology.
Goyal said that the agreement was finalised and announced before the US Supreme Court's order striking down President Donald Trump's reciprocal tariffs.
Prime Minister Narendra Modi and US President Donald Trump are expected to discuss a proposed trade agreement, energy cooperation, artificial intelligence and the situation in West Asia during a bilateral meeting on the sidelines of the G7 Summit in France.
Marco Rubio's maiden trip to India comes after Donald Trump administration's trade and tariff policies.
"We are trying to work out what would be the mechanism by which India can get preferential market access in the US market compared to our competitors," Goyal told reporters.
Union Commerce and Industry Minister Piyush Goyal said India is in a “very strong position” compared to other emerging economies.
Commerce Secretary Rajesh Agarwal informed that the deal was to be signed in March but the signing will now take place once the United States finalises a new architecture of global tariffs.
Describing it as an evolving situation, the minister affirmed the government's commitment to protecting the country's interests.
