New Delhi, Feb. 7 -- Commerce and Industry Minister Piyush Goyal on Saturday said the interim trade agreement between India and the United States marks a significant breakthrough, offering fresh opportunities for Indian exporters while fully safeguarding the interests of farmers and sensitive sectors.
Addressing a press conference on the India-US Joint Statement, Goyal said the reciprocal tariff imposed by the US has been sharply reduced from 50 pc to 18 pc, a level lower than that faced by several neighbouring countries. He said the reduction would provide substantial relief to Indian exporters and strengthen India's growth trajectory.
"The deal brings new hopes and opportunities in India's growth story," the minister said. Goyal said ag...