Economy and Policy

India, US Trade Pact To Come Into Operation Once India Gets Comparative Advantage: Goyal

"I think India will continue to grow its exports and continue to leverage the large US opportunity," he says

Piyush Goyal
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Introduction
  • Piyush Goyal says first tranche of India-US trade deal will take effect once India secures a comparative advantage over competing countries.

  • Minister says India aims to maintain lower or comparable tariffs to boost exports to the US market.

  • Goyal says India will continue leveraging the large US market as long as it retains a competitive trade advantage.