Goyal: US trade deal gives confidence to businesses

THE UNDERSTANDING BETWEEN India and the US to finalize a trade agreement within 6-7 months, comes as a relief to companies from both the nations and gives them confidence to work with each other, commerce and industry minister Piyush Goyal said on Sunday.

- FE BUREAU

"Earlier it was said that the Congress would not allow the US to enter into new trading arrangements. What PM Narendra Modi has brought back with him is an agreement, an understanding to enter into a trade deal by fall of this year. It gives a lot of confidence, lot of relief to every business person in the US and in India who believe together we can truly transform world trade," the minister said at an event organised by a business news channel.