India Eyes Robust Trade Deal With US Soon After EU Agreement: Piyush Goyal

India is optimistic about concluding a comprehensive trade agreement with the United States, Commerce and Industry Minister Piyush Goyal said, following the successful finalization of the India-EU trade pact. Speaking to NDTV, Goyal emphasized that negotiations with the US are progressing independently and are on track for a strong outcome.

“We are having very good discussions with the United States of America,” Goyal said, expressing confidence that India would soon reach “an equally robust, equally good deal” with Washington. He dismissed suggestions that the completion of the EU agreement could slow progress with the US, emphasizing that both negotiations are being handled in parallel.

Goyal elaborated that India does not operate under artificial deadlines when negotiating trade deals. “The European deal was finalized after sustained engagement and mutual readiness, not to meet a preset date,” he said. The same principle, he noted, applies to talks with the US, where multiple rounds of discussions are ongoing to resolve outstanding issues.

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By signaling confidence in a US agreement so soon after the EU pact, Goyal highlighted India’s multi-track trade strategy. Rather than treating major trade negotiations as sequential or competitive, India aims to deepen engagement with multiple developed economies simultaneously, expanding market access and strengthening economic partnerships.

The minister’s remarks also provide a policy signal to global investors, indicating that India’s trade diplomacy is deliberate, strategic, and focused on sustainable outcomes rather than rushed agreements. Analysts suggest that a successful US deal following the EU pact could significantly boost bilateral trade, investment flows, and overall economic growth for India.

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