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Home > All news > Business, Economy, Trade > Announcement on India-US trade pact has lifted business confidence: Piyush Goyal

Announcement on India-US trade pact has lifted business confidence: Piyush Goyal

February 17, 2025
Reading Time: 2 minutes
India’s CAD manageable due to strong services exports: Piyush Goyal

New Delhi - The recent agreement to seal a bilateral trade agreement with the United States (US) has given “confidence and a lot of relief” to businesses, as both sides will be able to work together with each other’s competitive strengths, commerce and industry minister Piyush Goyal said.

Prime Minister Narendra Modi and US President Donald Trump agreed to begin negotiations and finalise a “mutually beneficial” bilateral trade agreement (BTA) within the next seven to eight months.

 Both countries will hold talks to increase market access, reduce tariff and non-tariff barriers, and deepen . . .

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