India does not enter trade deals based on deadlines: Piyush Goyal on negotiations with US

India does not enter into trade deals based on deadlines, Union Commerce Minister Piyush Goyal said on Friday amid ongoing negotiations between India and the United States, PTI reported.

“We only agree to a trade deal when it is done properly, is completely finalised and is in the national interest,” he said while addressing reporters on the sidelines of an event in New Delhi.

The minister added that India was also in talks for trade agreements with several other countries, including the European Union, New Zealand, Oman, Chile and Peru, CNBC-TV18 reported.

“Free trade agreements are only possible when both sides benefit,” Goyal said. “It should be a win-win agreement. If a good deal can be finalised while securing Indian interests, India is always willing to enter into deals with developed countries.”

As India's trade delegation returns from the US, Commerce Minister Piyush Goyal emphasised, "India never negotiates trade deals with a deadline." Despite continued discussions, key differences persist, particularly over agriculture & dairy access, though both sides remain hopeful… pic.twitter.com/4AQlASlish

— CNBC-TV18 (@CNBCTV18News) July 4, 2025

His remarks came as India and the US were negotiating a trade deal amid the 90-day suspension of tariffs announced by US President Donald Trump that is set to end on July 9. On June 30, the White House...

Read more

News