Feb 7 โ€ข 13:02 UTC ๐Ÿ‡ฎ๐Ÿ‡ณ India Aaj Tak (Hindi)

Which Goods from India Will Have a 0% Tariff in America, Piyush Goyal Informed

Union Minister Piyush Goyal stated in an interview that the trade deal between India and the USA will benefit Indian farmers and exporters.

In a recent interview with Aaj Tak, India's Union Minister Piyush Goyal discussed the implications of the trade agreement being negotiated between India and the United States. He emphasized that the trade deal is expected to provide significant advantages to Indian farmers and exporters by potentially eliminating tariffs on certain goods. Goyal highlighted that sensitive agricultural products, including rice, wheat, sugar, pulses, corn, and soy, have been excluded from any concession or risk, thereby protecting these crucial commodities for India.

The deal aims to enhance trade relations between the two countries, fostering economic ties that could lead to increased exports from India. Goyal's comments reflect a strategic approach to ensure that the livelihoods of farmers are safeguarded while exploring better market access for non-sensitive goods. This move signifies a shift towards improving Indiaโ€™s trade balance with the USA, which could play a crucial role in the broader economic framework of both nations.

Overall, the discussions surrounding the trade deal underscore the importance of balancing agricultural sensitivities with the need for economic growth. As negotiations progress, the outcomes will likely have far-reaching effects on the agricultural sector in India and its export capabilities, marking a significant development in the diplomatic and economic engagement between India and the USA.

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