“No final dates, just a national interest: PIIUUUUUH GOYAL confirms” Win Win “FTAS with continued conversations

On Friday, the Minister of Commerce, Bio Joyal, confirmed that India refuses to push for the signing of commercial agreements under arbitrary final dates. He stressed that any free trade agreement (FTA) India will be based on mutual interest and national interest. In his speech, Goyal said that negotiations are actively underway with many international partners, including the United States and the European Union.

He said: “The free trade agreement should be a victory. India never negotiated on commercial deals based on the final dates. Our focus is always on fairness and what benefits the country.”

Joyl noted that India is open to fair and balanced commercial agreements with developed countries, but it will not give up its main priorities. In response to questions about a possible visit to Washington, DC, he explained that there are no immediate plans for this trip, especially with the parliament session that will start soon.

I told the sources Work today India pays long -term commercial concessions from the United States in sectors such as textiles and leather to stay competitive with other exported countries. However, the United States does not grant metaphors of steel definitions to any country.

Despite the tariffs that exceed 50 %, steel imports continue to flow to the American market due to the high cost of local production. The sources added that all negotiating methods remain open, as the Social Security Agreement is not currently part of the discussions, as the sources added.

India plans for the World Trade Organization revenge

On Friday, India has informed the World Trade Organization (WTO) of its intention to impose a retaliatory tariff on selected goods from the original in response to the recent increase in the duties of the United States on cars and some parts of cars.

In its official contact with the World Trade Organization, India stated that it plans to suspend commercial privileges by raising tariffs, in line with the global trade rules. The notification said: “India maintains its right to suspend consequences or other obligations after thirty days from the date of this notice.”

This step follows the United States’ decision on May 3 to impose a 25 % protection fee of separation on imports of passenger vehicles, light trucks and specific auto parts – a scale that India has been challenged as a violation of the World Trade Organization standards due to the lack of appropriate notification.

This development comes amid continuous negotiations between the two countries during their work in order to finalize a limited trade agreement.