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Piyush Goyal optimistic about India-US trade ties

On Monday, Commerce and Industry Minister, Piyush Goyal, hinted at the possibility of a bilateral agreement. At USISPF’s India Leadership Summit he stated: “We have almost resolved the broad contours of what we are going to announce. I don’t see any great difficulty in closing the gap on the first announcement but both of us are very clear in our minds that given the strong relationship, both at our leaders’ level where PM Modi and President Trump have taken the Indo-US relationship to a new high. We will come out with a first set of agreement soon.”

The minster also said that India is looking to the US for technology, innovation, skills and quality education. India on the contrary is an attractive market for US businesses and its skilled labour can add value to American companies.