Piyush Goyal: India-US Trade Deal Talks On, Fuel Supply Stable Amid Global Tensions
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CNBC Awaaz•15-03-2026, 19:15
Piyush Goyal: India-US Trade Deal Talks On, Fuel Supply Stable Amid Global Tensions
•Union Minister Piyush Goyal confirms ongoing negotiations for a Bilateral Trade Agreement (BTA) with the US, aiming for better market access.
•India has concluded 9 Free Trade Agreements in the last 3.5 years, covering 38 economies, and is pursuing more with Israel, GCC, Chile, Peru, and Mexico.
•India has secured FTAs with major economies like EU, US, UK, Australia, New Zealand while protecting its sensitive dairy sector.
•Despite global conflicts, India's fuel supply remains stable with 12 months of robust reserves; no shortage of petrol, diesel, or ATF.
•Government is diversifying energy import sources beyond the Middle East and developing SOPs for exporters facing supply chain disruptions.
