Feb 8 • 12:08 UTC 🇮🇳 India Aaj Tak (Hindi)

'This Deal is Labor of Love...' Piyush Goyal on Trade Agreement with the US

Indian Commerce Minister Piyush Goyal emphasized that the India-US trade deal is a 'labor of love' and dismisses concerns about compromising sovereignty as nonsense.

Piyush Goyal, the Indian Commerce Minister, has made strong assertions regarding the recently negotiated trade deal between India and the United States, labeling any talk of sacrificing sovereignty as 'nonsense' and calling those who say otherwise 'very ignorant.' In an interview with a news agency, he conceptualized the trade agreement as a 'labor of love,' indicative of a sincere and dedicated effort to achieve mutual benefits without coercion. He believes that the deal will convert the long-term strategic objectives of both countries into substantial outcomes.

Goyal further elaborated on how the trade agreement serves to reinforce the longstanding strategic partnership between India and the US, highlighting that the discussions and negotiation processes were fruitful and led to a favorable agreement. He stated that this deal would create new opportunities in sectors where both nations possess strengths, reflecting a significant step forward in economic cooperation.

Finally, Goyal rejected any notion of a trust deficit between Indian and American leadership, reassuring that both countries are progressing based on mutual trust and collaboration. He mentioned that these relations would undeniably bolster energy imports, noting that companies would independently decide on their course of action to align with the interests of India.

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