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Goyal said India can produce goods in areas where US manufacturers may not be competitive. India is looking to diversify its sources of crude oil, Commerce Minister Piyush Goyal has said. Goyal’s comments assume significance in light of the India-US trade deal joint statement which lowers tariffs on Indian exports to 18%. The Donald Trump…
NEW DELHI: India “doesn’t engage as a meek country,” Union commerce minister Piyush Goyal said on Wednesday asserting that “trust and negotiation from a position of strength,” have defined the country’s recent trade successes.Speaking at the Global Economic Cooperation Summit in Mumbai, Goyal said India’s approach to economic diplomacy is rooted in engagement, confidence and…
File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said the interim trade agreement between India and the United States will factor in India’s rising energy requirements and help the country secure crude oil at more competitive prices.Speaking to reporters, Goyal said India…
NEW DELHI: The India-US trade arrangement will expand cotton demand rather than hurt domestic growers, commerce and industry minister Piyush Goyal said on Friday, while asserting Indian farmers stand to gain from rising textile exports.“This will also not hurt our cotton producers… I can see before my eyes a huge requirement for more cotton and…
India may import aircraft, engines and spare parts worth about $100 billion from the US under the interim trade pact, a move that could help boost tourism and bring down airfares, Commerce and Industry Minister Piyush Goyal said on Friday.According to a joint statement issued by both sides on Saturday on the framework for the…
NEW DELHI: The govt on Thursday said amendments in the White House fact sheet on the framework for an interim India-US trade deal reflected the shared understandings contained in the earlier joint statement that formed the basis of the agreement reached by both sides.The fact sheet issued days after the joint statement had stirred up…
Piyush Goyal has now clarified that Indian exports would also get the same benefit. India-US trade deal: Commerce Minister Piyush Goyal on Thursday said that Indian apparel exports to the US will enjoy zero tariff access, if the raw material is procured from America. Goyal’s comments assume significance after the recently announced US-Bangladesh trade deal…
NEW DELHI: Union minister Piyush Goyal on Monday drew a parallel between trade and sport, remarking that the United States’ 18 per cent tariff on Indian goods mirrored the margin by which India defeated the US in their T20 World Cup match.Goyal praised the performance of the US cricket team despite its loss, using the…
NEW DELHI: DMK MP Tiruchi Siva Monday said he had submitted a breach of privilege notice against commerce minister Piyush Goyal for sharing details of an interim trade deal between India and the US at a presser while the Parliament was in session. Siva raised the issue soon after RS met on Monday morning. “He…
NEW DELHI: Commerce & industry minister Piyush Goyal said Sunday that the govt has aggressively sought to push the farm sector’s interests in the US trade deal, while protecting its sensitivities around dairy and agriculture. “We have $30-odd billion of imports. The important thing is we have $55 billion of exports of farm and fish…
