Commerce Minister Piyush Goyal stated that “a free trade deal” will not be the one means ahead to spice up commerce with the United States, noting that the present US administration was not inclined in direction of coming into into new FTAs.
Earlier this week, he concluded a gathering of the Trade Policy Forum with US Trade Representative Katherine Tai. “Katherine and I discussed this issue at length. President (Joe) Biden, as a policy, believes the free trade agreements (FTAs) that the US has entered into over the years have really not significantly helped or yielded any results,” Goyal stated on the Republic India Economic Summit on Friday.
Goyal stated the US market was “pretty much open” for Indian exporters.
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