US Trade Deal to Take Effect only when India Secures Tariff Advantage over Competitors: Piyush Goyal

US trade deal to take effect only when India secures tariff advantage over competitors: Piyush Goyal

The 18% rate was lower than all neighbouring countries and most South East Asian nations, which ‘is why the deal was attractive for us’, the minister said.

India Won’t Sign US Trade Deal Without Competitive Edge: Piyush Goyal

LONDON/NEW DELHI-India will not enter into a trade agreement with the United States unless it secures a clear competitive advantage over rival economies, Union Commerce and Industry Minister Piyush Goyal said on June 25. Speaking during a two-day visit to London, Goyal said India would proceed with the agreement only after Washington establishes a legal and policy framework that provides Indian exporters with preferential market access over comp…