Piyush Goyal, Minister of Commerce and Business, shakes arms with Lars Hendrik Lehrer, founder and chairman of the Berlin International Dialogue, on the European Faculty of Administration and Know-how in Berlin, Thursday, October 24, 2025. Photograph credit score: X/@PiyushGoyal
Commerce and Business Minister Piyush Goyal on Friday (October 24, 2025) stated India is not going to conclude commerce offers in a rush or with a “gun to its head”.
He stated India is actively negotiating commerce agreements with nations and areas together with the European Union (EU) and the US.
“We’re in lively dialogue with the EU, we’re in dialogue with the USA, however we’re not in a rush to conclude a deal, we’re not in a rush to conclude a deal, we’re not signing a cope with a time restrict or with a gun to our heads,” he stated on the Berlin Dialogue in Germany.
The Minister is in Berlin to participate within the dialogue.
He added that commerce agreements needs to be thought of from a long-term perspective.
He stated India by no means takes choices in haste or on the spur of the second.
He added that India is contemplating newer markets to deal with excessive tariffs.
Requested if India had a long-term truthful commerce settlement with situations, Goyal stated: “I do not suppose India has ever determined who to be mates with based mostly on concerns aside from nationwide curiosity… And if somebody says we will not be mates with the EU, I can not settle for that, or tomorrow somebody will say to me, I can not work with Kenya, that is unacceptable.” The entire world must query the choice to purchase sure merchandise from a rustic, he stated.
The feedback are anticipated to have significance as the USA continues to strain India to cease buying oil from Russia.
