Commerce Minister Piyush Goyal said- US trade agreement will be signed in March, statement will come soon

Updated: 05-02-2026, 09.25 AM

What is the news?

Union Commerce and Industry Minister Piyush Goyal said on Thursday that India and America can issue their joint statement on the trade agreement within 4 to 5 days.
reuters According to , he also informed that the draft of the formal agreement is currently being finalized and will be signed by mid-March. After the signing of the joint statement, US President Donald Trump will sign an executive order in this regard.

Trump’s team will come to India next week

India Today According to, senior officials of President Donald Trump’s team may visit India next week, after which there is a possibility of clarity on many aspects related to the agreement. Sources said that after the joint statement, the finer details of the trade agreement will be made public. It is being told that India’s sensitive sectors like agriculture, dairy production and fisheries have been protected in the agreement.

confusion regarding agriculture

Commerce Secretary Rajesh Aggarwal said that once the joint statement is signed, it will be converted into a legal agreement and the legal agreement will be signed by mid-March. With the signing of the legal document, the duty imposed by India on some American goods will be reduced and America will impose 18 percent tariff on India instead of 50 percent. There is confusion regarding agriculture and dairy in the agreement, which will be cleared soon.