Ministers Discuss Exports, Jobs, and Farmer Protection in India-US Interim Trade Pact

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India-US Interim Trade Deal: Ministers Hail Exports, Jobs, Farmer Safeguards

According to the joint statement, both sides will implement the framework and work towards finalising the Interim Agreement, with a view to concluding a comprehensive and mutually beneficial Bilateral Trade Agreement in line with the agreed roadmap.

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Moneycontrol•07-02-2026, 10:15

India-US Interim Trade Deal: Ministers Hail Exports, Jobs, Farmer Safeguards

•Cabinet ministers laud India-US interim trade agreement for boosting exports, job creation, and economic ties.
•Union Minister Piyush Goyal states the deal opens a USD 30 trillion market for Indian exporters, especially MSMEs, farmers, and fishermen.
•Goyal emphasizes protection for key agricultural sectors like dairy, fruits, vegetables, and spices to safeguard domestic interests.
•Finance Minister Nirmala Sitharaman and other ministers welcome the agreement, highlighting job creation and deeper bilateral ties.
•The framework includes reciprocal tariff rates, removal of tariffs on certain goods, and India's commitment to purchase USD 500 billion in US products.

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