New Delhi: Union Commerce and Industry Minister Piyush Goyal has said the government is actively talking to the US for a bilateral trade agreement. The minister's remark came after the US President Donald Trump and Prime Minister Narendra Modi shared positive developments around trade talks and ease in bilateral ties.
In his address at the FICCI Leads Summit, Goyal said that trade negotiations are underway with the European Union. India is in talks with New Zealand as well, he added. The minister further said that a trade agreement with Oman will be reached soon.
Earlier in the day, in a significant step toward easing tensions, US President Donald Trump announced that his administration has resumed trade negotiations with India. "I am pleased to announce that India and the United States of America are continuing negotiations to address the Trade Barriers between our two Nations," he posted on Truth Social.
Trump also described Prime Minister Narendra Modi as a “very good friend” and said he looks forward to speaking with him "in the upcoming weeks".
Responding to the US President's remark, Prime Minister Modi said that the discussions will unlock "the limitless potential of the India-US partnership”.
