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India Poised to Reshape Global Trade, Says Piyush Goyal at 9th Global Technology Summit

  • India is in talks with the United States to finalize a trade agreement by autumn 2025, aiming to boost bilateral trade from USD 191 billion to USD 500 billion by 2030, as stated by Union Commerce Minister Piyush Goyal.
  • External Affairs Minister S. Jaishankar emphasized that India will not negotiate under external pressure and seeks a trade deal that respects both parties' concerns.
  • Goyal criticized the EU's non-tariff barriers and specific standards as 'irrational', urging a rethinking of their approach, noting that they hinder trade negotiations.
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ChiniMandi broke the news in on Friday, April 11, 2025.
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