India will only sign the proposed trade agreement with the United States when it is completely fair, equitable and balanced for both nations, Commerce and Industry Minister Piyush Goyal declared on November 18, 2025.
No Compromise on National Interests
Addressing the Indo-US Economic Summit, Minister Goyal made it clear that India will not compromise the interests of its farmers, fishermen, or small industries during trade negotiations. He emphasized that protecting these vulnerable sectors remains central to India's position in the discussion process.
Six rounds of constructive talks have already taken place between the two countries since March, with discussions continuing to move forward positively. Despite occasional differences in approach, Goyal reassured that the fundamental relationship between India and the United States remains strong and enduring.
Progress When Terms Are Right
The Commerce Minister stated that any announcement regarding progress on the trade pact will only come after both sides arrive at mutually satisfactory terms. He highlighted that negotiations are ongoing and both countries are working toward a resolution that benefits all parties involved.
Good news about the agreement will follow naturally once all key issues are resolved to the satisfaction of both nations, Goyal added, indicating that while the process is moving steadily, India will not be rushed into an unfavorable deal.
Strong Foundations Despite Challenges
Goyal's comments come amid broader discussions about international trade relationships and India's growing economic partnerships. The minister's reassurance about the strength of Indo-US bilateral relations suggests that both countries are committed to working through negotiation challenges.
The trade talks represent one of the most significant economic dialogues between the world's largest democracy and the world's oldest democracy, with potential implications for global trade patterns and economic cooperation.
