India, US Deny Stalled Progress in Bilateral Trade Deal Discussions

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Reports suggesting that India turned down a fast-track trade agreement with the United States have been labeled as “false” and “misleading” by Union Commerce Minister Piyush Goyal and US Ambassador to India Sergio Gor. Both officials have openly dismissed such claims, emphasizing the ongoing efforts to solidify trade relations between the two nations.

Minister Goyal highlighted that the recent discussions with US Trade Representative Jamieson Greer were positive and reinforced both countries’ dedication to pursuing a trade agreement that is balanced and advantageous for both sides. Ambassador Gor echoed these sentiments, portraying the talks as constructive and underscoring the active engagement between the two parties.

Commerce Secretary Rajesh Agarwal added that the negotiations are advancing smoothly, with a solid framework for the agreement already in place. He noted that both countries are now waiting for the right moment to finalize and sign the deal. This statement suggests that the groundwork has been laid, and the focus is now on timing.

Meanwhile, US officials have also shown optimism about the possibility of reaching an interim trade agreement in the near future. They have pointed to the continued cooperation between New Delhi and Washington as a positive indicator of progress. This shared enthusiasm reflects the strong commitment of both nations to enhance their trade ties.

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