New Delhi [India], July 13 : Commerce and Industry Minister Piyush Goyal on Monday dismissed reports of a deadlock in India-US trade talks, calling them as completely false, baseless and misleading.
In a post on social media platform X, Goyal rejected an international news agency's report, which had claimed that India was holding out for a better deal with the United States instead of pursuing an early agreement.
"This news is completely false, baseless and misleading," Goyal said.
The Commerce Minister said he had held "fantastic meetings" with US Trade Representative (USTR) Jamieson Greer during the latter's visit to New Delhi in June, and reiterated that both countries remain committed to concluding a balanced and mutually beneficial trade agreement.
"I had fantastic meetings with USTR Jamieson Greer, when he visited Delhi in June. Both sides reaffirmed their commitment to an agreement that is balanced, commercially meaningful, and delivers tangible benefits for businesses, farmers, workers, and consumers in both countries," Goyal said.
"Our teams remain fully engaged in achieving this objective," he added.
His statement came after Commerce Secretary Rajesh Agarwal also said there are no hurdles in concluding the agreement. Briefing media persons on trade data for June 2026, Agarwal said, "We dont see any challenge on India-US trade deal negotiations."
The Secretary during the media briefing outlined the recent engagement. "The Indian team visited US in May. US team visited in June." He added "Talks are going on in proper framework."
On the broader trade environment, Agarwal noted US tariff actions have created uncertainty for many partners. "IEEPA tariff has gone..." he said. "Now again they are in discussion with other countries. They are having parallel investigation," he added. India is part of those discussions. "We have joined consultations. All progressing in right directions."
Both sides have maintained a positive public tone. "Both sides saying things are good..." Agarwal said.
On the status of the deal, he said the framework of the deal is finalised. "India-US framework deal is ready. We are ready to sign. Right time is being awaited," he said, adding, "Things are getting structured. We are progressing well."