'We don't have to': Goyal says $500 bn figure is not binding US import commitment

India's trade minister clarified that the $500 billion US trade figure signifies intent, not a binding commitment. India's growing economic needs in sectors like aviation, energy, and ICT will naturally drive imports, with decisions based on price and quality, not fixed quotas. This aims to secure competitive deals for India's expanding requirements.

'We don't have to': Goyal says $500 bn figure is not binding US import commitment
India's trade minister clarified that the $500 billion US trade figure signifies intent, not a binding commitment. India's growing economic needs in sectors like aviation, energy, and ICT will naturally drive imports, with decisions based on price and quality, not fixed quotas. This aims to secure competitive deals for India's expanding requirements.