India-US trade deal: Piyush Goyal reveals what's holding up the pact 19h ago

Commerce and Industry Minister Piyush Goyal recently outlined the primary obstacles hindering the conclusion of a comprehensive trade agreement between India and the United States. Speaking at a business event, Goyal emphasized that while both nations have made significant progress in recent rounds of talks, several critical areas require further negotiation. The minister specifically pointed to divergent positions on tariff concessions, India's demand for greater access for its IT and pharmaceutical services, and U.S. concerns regarding India's import duties on high-tech goods and agricultural subsidies.

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