New Delhi, Jul 13

Commerce and Industry Minister Piyush Goyal rejected a media outlet Reuters report claiming that India rejected a quick trade agreement with US in recent talks.

Sharing a Reuters report on X, the Minister posted, “This news is completely false, baseless and misleading. I had fantastic meetings with USTR Jamieson Greer, @USTradeRep, when he visited Delhi in June.”

“Both sides reaffirmed their commitment to an agreement that is balanced, commercially meaningful, and delivers tangible benefits for businesses, farmers, workers, and consumers in both countries. Our teams remain fully engaged in achieving this objective,” the social media post added.

The original Reuters post said, “India rejected a quick trade agreement with the US in recent talks and is holding out for a better deal as Prime Minister Narendra Modi draws confidence from new trading partners, eased economic risks and political gains at home.”

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Kananaskis, June 17

Prime Minister Narendra Modi and US President Donald Trump held high-level bilateral discussions on the sidelines of the G7 Summit, reaffirming their commitment to strengthening India-US relations through enhanced trade, defense collaboration, and strategic cooperation.

The meeting focused on accelerating negotiations for a mutually beneficial trade agreement aimed at boosting bilateral commerce and addressing key market access concerns. Both leaders emphasized the importance of expanding economic ties and creating new opportunities for businesses and investors in both countries.

Modi and Trump also discussed deepening cooperation in critical sectors, including defense, emerging technologies, energy security, artificial intelligence, and semiconductor manufacturing. The leaders underscored the growing importance of the India-US partnership in ensuring stability and prosperity in the Indo-Pacific region.

Regional and global security issues featured prominently during the talks, with both sides exchanging views on geopolitical developments, counterterrorism efforts, and strengthening strategic coordination on international platforms.

The meeting highlighted the continued momentum in India-US relations, with both leaders expressing optimism about advancing shared priorities and enhancing collaboration across multiple sectors.

Officials from both countries described the discussions as constructive and forward-looking, reflecting the strategic significance of the partnership between the world's largest democracies.

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