“The U.S. and India announced in February that they had reached a framework for an interim trade agreement, but circumstances have changed, and the pact will be finalised accordingly,” Commerce and Industry Minister Piyush Goyal said on Saturday (October 10, 2026).
Thodi paristhitiyan badli hain, usko abhi madde nazar rakhte hue final hoga . (It was announced in February. “USA (trade pact) February me announce hua. Some circumstances have changed; the final decision will be made keeping that in mind),” Mr.
He also said trade pact negotiations are on with number of regions including Israel, Chile, GCC (Gulf Cooperation Council) and Russia-led group Eurasian Economic Union (EAEU). Goyal said in New Delhi while addressing members of industry chamber PHDCCI. Further, the Minister said that negotiations for a trade pact with Canada are moving at a faster pace and talks for an agreement with South Africa-led SACU group will start soon.
Piyush Goyal criticises Opposition
The Union Minister slams Congress leader Rahul Gandhi for his claims and statements after meeting President Droupadi Murmu. “It was an objectionable behaviour … He has insulted the President … This is a sense of anarchy,” Mr. After the meeting, Mr.
Goyal said, adding that the Opposition leaders have misbehaved with security personnel. Gandhi said he was shocked and stunned that the President did not deny the “election theft” charge and “accepted” what the Opposition leaders stated.
Several countries are keen to negotiate trade agreements with India, he said adding talks with Mexico will be launched next week. Mr. Goyal informed that the trade Ministers of the U.K. and Canada will be visiting India next week. India and the U.K. implemented a trade agreement in July. The U.K. Minister will be here for the India-U.K. Joint Economic and Trade Committee (JETCO) meeting.
