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News for India > Business > India-EU Trade Deal: India Sees Scope For Robust US Trade Deal After EU Pact, Says Piyush Goyal
Business

India-EU Trade Deal: India Sees Scope For Robust US Trade Deal After EU Pact, Says Piyush Goyal

Last updated: January 31, 2026 2:52 pm
4 months ago
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Parallel NegotiationsPolicy Signal

India expects to conclude a strong trade agreement with the United States, with negotiations continuing in parallel to its recently concluded pact with the European Union, Commerce and Industry Minister Piyush Goyal said.

Speaking in an interview with NDTV, Goyal said India remains in regular contact with US counterparts and is confident of reaching a deal. He pushed back against suggestions that progress on the Europe agreement could delay talks with Washington.

“We are having very good discussions with the United States of America,” Goyal said. “I think we’ll have an equally robust, equally good deal with the United States quite soon.”

The comments come as India and the US continue negotiations that resumed last year after a pause triggered by tariff actions. While the talks have yet to reach a conclusion, Goyal’s remarks signal confidence that discussions are moving forward despite geopolitical and trade-related frictions.

ALSO READ: India Frames EU Trade Pact Around Income Growth Before Consumption, Says Piyush Goyal

Parallel Negotiations

Goyal said India does not negotiate trade agreements against artificial deadlines, stressing that talks with the US are proceeding on their own track. The EU agreement, he said, was concluded when both sides were ready, rather than to meet a preset date.

“You must have heard me on so many interviews and public comments. We never negotiate with a deadline,” Goyal said, adding that the European deal was finalised after sustained engagement rather than last-minute pressure.

The minister indicated that the same approach applies to negotiations with the US, where discussions are ongoing at multiple levels as both sides work through outstanding issues.

ALSO READ: India Using EU Trade Pact To Accelerate Select Imports And Protect Domestic Industry, Says Piyush Goyal

Policy Signal

By signalling confidence on a potential US agreement soon after the EU pact, Goyal positioned India’s trade strategy as multi-track rather than sequential. The comments suggest New Delhi sees scope to deepen economic engagement with Washington without linking progress to timelines or external commentary.

ALSO READ: India-EU Free Trade Deal Explained: What Changes, What Gets Cheaper, And Which Sectors Get A Boost 

The remarks also indicate that India views its major trade negotiations as complementary, rather than competitive, as it seeks to expand market access and economic partnerships across developed economies.

ALSO READ: EU-India Trade Deal: What’s Next And What Could It Mean For Geopolitics?

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