India’s Commerce Minister, Piyush Goyal, has emphasized that any potential trade agreement with the United States will be contingent upon the protection of India’s national interests and the provision of a sustainable tariff advantage. The minister highlighted that the Indian government is particularly focused on securing favorable terms for its agricultural sector and labor-intensive industries, such as leather and textiles. These sectors are crucial to India’s economy, providing employment to millions and contributing significantly to exports. Goyal’s remarks underscore India’s strategic approach to international trade, where the emphasis is placed on long-term benefits rather than adhering to external deadlines. The minister pointed out that while India is open to negotiations, it will not compromise on key issues that could affect its domestic industries adversely. This stance reflects India’s broader economic policy of self-reliance and protecting its market from unfair competition. The ongoing discussions with the US are part of a larger effort by India to strengthen its trade relationships globally while ensuring that any agreements align with its developmental goals. By seeking duty concessions in sectors like leather and textiles, India aims to boost its exports and enhance the competitiveness of these industries on the global stage. Goyal’s statement also highlights the importance of balancing international trade dynamics with domestic priorities. As India navigates complex trade negotiations, maintaining this balance will be crucial for achieving sustainable economic growth and development.