<\/p>
Union Commerce and Industry Minister Piyush Goyal on February 8 said India has fully protected its agricultural interests in the India-US trade deal, asserting that no concessions have been made on sensitive farm and food products.\u00a0<\/p>
Speaking to ANI<\/em>, Goyal said India had \u201csafeguarded 100%\u201d the interests of farmers and domestic producers during negotiations. He underlined that the agreement does not open up Indian markets to meat, poultry, genetically modified (GM) foods, soya meal, corn, maize, cereals such as rice and wheat, millets including jowar, bajra and ragi, sugar, fruits produced domestically, pulses, oilseeds, animal feed, groundnuts, honey, malt, non-alcoholic beverages, flour, starch, essential oils, fuel ethanol or tobacco.\u00a0<\/p> \u201cThese are sensitive to India. We have not given up,\u201d Goyal said, stressing that none of these products were offered concessions as part of the trade arrangement.\u00a0<\/p> The minister described the negotiations with the US as intense but constructive, noting that India has successfully concluded trade agreements with several major economies and blocs in recent years. \u201cAmericans have negotiated very hard and we’ve had a wonderful experience negotiating with tough countries across the globe,\u201d he said, adding that discussions were held in a positive atmosphere despite tough bargaining.\u00a0<\/p> Highlighting the opportunities arising from the deal, Goyal said India\u2019s growing demand for civil aviation products would significantly\u00a0benefit\u00a0US manufacturers. He noted that India already has orders worth about $50 billion with Boeing, along with separate orders for engines and spare parts, and estimated that total civil aviation-related imports could touch $80-100 billion in the coming years.\u00a0<\/p> Beyond aviation, Goyal pointed to India\u2019s expanding needs in advanced technologies. \u201cWe are setting up data centres, and we are developing the AI and quantum computing economy in a big way,\u201d he said. According to the minister, India currently imports goods worth\u00a0nearly $300 billion\u00a0annually across such sectors, and this figure could rise to around $2 trillion over the next five years \u2014 an area where the US has strong capabilities to support India\u2019s growth.\u00a0<\/p> Responding to allegations that the trade deal compromises India\u2019s sovereignty, Goyal dismissed the claims as \u201cabsolute nonsense.\u201d He said the agreement was aligned with India\u2019s long-term development vision of becoming a developed nation by 2047 under the \u2018Viksit Bharat 2047\u2019 goal.\u00a0\u201cNonsense\u2026pretty ignorant of person who said it. This trade deal is a labour of love\u201d, he said.<\/p> The minister added that the deal would create major opportunities for Indian youth, women, farmers, fishermen and MSMEs. Sectors such as textiles, footwear, leather, toys, handloom, handicrafts, auto components and furniture are expected to gain from improved access to the US market.<\/p> On energy imports, Goyal clarified that while sourcing crude oil, LNG or LPG from the US aligns with India\u2019s strategy of diversifying energy supplies,\u00a0purchasing\u00a0decisions would remain with companies. \u201cThe trade deal doesn\u2019t discuss who will buy what and from where,\u201d he said, explaining that free trade agreements primarily focus on ensuring smoother trade pathways and preferential market access.\u00a0<\/p> Goyal also noted that with an 18 per cent reciprocal tariff framework, India now enjoys a competitive edge over other developing nations in the US market.<\/p> <\/div> India-US trade deal, Piyush Goyal, India US FTA, agriculture protected India US trade, no concessions to farmers, GM foods ban India trade, India US aviation orders Boeing, India US energy trade, Viksit Bharat 2047, MSMEs exports US#Claims #sovereignty #loss #IndiaUS #trade #deal #absolute #nonsense #Piyush #Goyal1770585066<\/p> ","protected":false},"excerpt":{"rendered":" Union Commerce and Industry Minister Piyush Goyal on February 8 said India has fully protected its agricultural interests in the India-US trade deal, asserting that no concessions have been made on sensitive farm and food products.\u00a0 Speaking to ANI, Goyal said India had \u201csafeguarded 100%\u201d the interests of farmers and domestic producers during negotiations. He […]<\/p>\n","protected":false},"author":1,"featured_media":3089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[369,10112,2094,198,10114,8507,10115,10116,10111,1319,1991,10119,10118,10113,10120,8506,9416,4330,895,10117],"class_list":["post-3088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","tag-absolute","tag-agriculture-protected-india-us-trade","tag-claims","tag-deal","tag-gm-foods-ban-india-trade","tag-goyal","tag-india-us-aviation-orders-boeing","tag-india-us-energy-trade","tag-india-us-fta","tag-india-us-trade-deal","tag-indiaus","tag-loss","tag-msmes-exports-us","tag-no-concessions-to-farmers","tag-nonsense","tag-piyush","tag-piyush-goyal","tag-sovereignty","tag-trade","tag-viksit-bharat-2047"],"acf":[],"_links":{"self":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/3088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3088"}],"version-history":[{"count":0,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/3088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/media\/3089"}],"wp:attachment":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3088"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}