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India has differences with US but not trade dispute: Piyush Goyal

Talking about these differences Goyal also said that a little uncertainty in any relation is also good for having healthy bilateral relations

twitter-logo PTI        Last Updated: October 15, 2019  | 13:39 IST
India has differences with US but not trade dispute: Piyush Goyal
File photo of Commerce Minister Piyush Goyal.

Commerce Minister Piyush Goyal on October 14 said India does not have any trade disputes with the US, and there is huge bilateral trade potential.

Speaking at the India Energy Forum, he said, "We don't have any dispute with the US. There are differences with the US which are there in any bilateral relation."

Talking about these differences he also said that a little uncertainty in any relation is also good for having healthy bilateral relations.

He was of the view that there is huge potential for investment by US firms in India.

On the imposition of anti-dumping duty on imports by Directorate General of Trade Remedies, he said that it is a quasi-judicial body and has nothing to do with the government.

About the economic slowdown, he said that Indian economy can do well with these structural adjustments.

He pointed that the domestic economy did well for five years except the last two quarters.

Indian economic growth slowed to 5 percent in April-June quarter this fiscal.

Also read: Commerce Minister Piyush Goyal summons Amazon, Flipkart to discuss alleged FDI violation

Also read: WEF India Economic Summit: Spirit of Indian law is to protect small retailers, can't let them fall, says Piyush Goyal

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