India-US partnership to define future: Piyush Goyal

Highlighting India’s rising status in the global economic order, Union Minister of Commerce and Industry Piyush Goyal on Saturday described the relationship between India and the United States as a multidimensional alliance that extends far beyond trade.

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Speaking at the Raisina Dialogue, Goyal emphasised that the partnership is anchored in high-tech collaboration and strategic security. The Minister noted that the bond between the two nations is defined by a deep integration of technology and investment.

“India and US relations are strong. It's multidimensional. It's not only about trade. There is a huge technology overlay on it. There is a huge critical minerals partnership, a defence partnership... It’s a partnership of two countries which will define the future,” Goyal stated.

Addressing the specifics of trade negotiations with Washington, Goyal expressed immense confidence in the outcomes India has achieved compared to other global players. “We got the best deal amongst all of the competitors,” he remarked.

During a detailed fireside chat, Goyal elaborated on his “mantra” for negotiating Free Trade Agreements (FTAs), which involves balancing international ambitions with domestic sensitivities.