SaralnamaCommerce Minister Piyush Goyal stated on that India won't rush into trade deals or negotiate under pressure. Speaking at the Berlin Dialogue in Germany, he said India is in talks with the EU, US, and other countries for trade agreements. Goyal emphasized the need for a long-term view on trade deals, focusing on trust and relationships beyond tariffs. He questioned why only India faces pressure to stop buying Russian oil when other countries seek exemptions. The US recently imposed a 25% extra tariff on Indian goods, totaling 50% import duty. Indian officials met US counterparts in Washington last week to discuss trade. To understand trade negotiations, follow reliable news sources and government updates. (Updated 24 Oct 2025, 18:45 IST; source: link)
Key Points
- Commerce Minister Piyush Goyal stated on 20 Oct 2023 that India won't rush into trade deals or negotiate under pressure
- Speaking at the Berlin Dialogue in Germany, he said India is in talks with the EU, US, and other countries for trade agreements
- Goyal emphasized the need for a long-term view on trade deals, focusing on trust and relationships beyond tariffs