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Exclusive | Piyush Goyal On India-US & EU Trade Deals With Raj Chengappa

Exclusive | Piyush Goyal On India-US & EU Trade Deals With Raj Chengappa

Business Today
Business Today
  • New Delhi,
  • Feb 9, 2026,
  • Updated Feb 9, 2026, 10:15 AM IST

In this exclusive India Today interview, Union Commerce Minister Piyush Goyal speaks to Raj Chengappa on the landmark India-US interim trade agreement – dubbed the "father of all deals" after the EU's "mother of all deals".  Goyal reveals how India negotiated from strength, protected farmers & dairy (no opening on soya bean, maize, GM products, rice, wheat, sugar), slashed US tariffs to 18%, unlocked zero-duty access for Indian exports (textiles, leather, pharma, gems, seafood, handicrafts), and set a $500 billion bilateral trade goal in 5 years.  He discusses Aatmanirbhar Bharat, job creation in labor-intensive sectors, attracting GCCs, Make in India boost, and why these deals with developed nations (US, EU, UK, etc.) complement India's growth to a $30 trillion economy by 2047.  

 

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