Strong Rebuttal from Commerce Minister
Union Commerce and Industry Minister Piyush Goyal hit back at the Congress party on Thursday, asserting that India negotiates international trade deals from a position of strength, not under pressure or arbitrary deadlines. His remarks came in response to criticism over the pace of ongoing trade negotiations with the United States.
Congress Targets Government on Delayed Talks
Earlier this week, Congress leaders accused the Modi government of mishandling trade discussions with the U.S., claiming the lack of a finalized deal reflects poor diplomatic management. The opposition also raised concerns about missed opportunities during Prime Minister Narendra Modi’s visit to Washington and the recent state engagements.
Goyal Emphasizes Strategic Patience
Responding firmly, Goyal said, “India does not work under pressure. We engage in trade talks that benefit our people and protect national interests. These are complex matters and cannot be hurried for political gain.” He stressed that the government would never sign a deal that compromised India’s economic sovereignty.
Talks with U.S. Ongoing, Says Goyal
Piyush Goyal confirmed that trade negotiations with the United States are still ongoing and progressing steadily. “Discussions are active on multiple fronts, including market access, services, and technology collaboration. We are focused on long-term, mutually beneficial outcomes,” he added.
Focus on National Interest Over Optics
The Commerce Minister cautioned against the politicization of sensitive trade matters. “Some parties may want headlines, but we want results,” Goyal remarked. He pointed out that past governments often signed lopsided agreements under international pressure, something the current regime is consciously avoiding.
Experts Support a Cautious Approach
Trade analysts have largely supported Goyal’s stance, citing India’s growing economic clout and need to protect key sectors like agriculture and pharmaceuticals. “Rushing into a deal with the U.S. without adequate safeguards could harm domestic industries,” said a senior economist familiar with the talks.
India-U.S. Trade Ties Still Strong
Despite the delays, officials reiterated that India-U.S. trade relations remain robust. Both nations have seen rising bilateral trade figures and collaboration across defense, technology, and energy. Goyal concluded by saying, “We value our partnership with the U.S., but any deal will be on terms that suit India’s future.”