Piyush Goyal made a statement in Lok Sabha on India-US trade deal amid opposition uproar.

Amidst the opposition's uproar, Union Minister of Commerce and Industry Piyush Goyal made a statement on the India-US trade agreement in the Lok Sabha on Wednesday. He said the agreement is in the interest of the country and exporters, and has taken into account the sensitivity of the agriculture and food sectors. As the ruckus continued, the Lok Sabha Speaker adjourned the proceedings till 2 pm. Earlier, the Lok Sabha proceedings were adjourned till 12 pm due to the opposition's intense uproar.

During Goyal's statement, the opposition's ruckus continued in the Lok Sabha, but the Minister of Commerce and Industry said that the bilateral trade agreement being finalized with the US protects the interests of sensitive sectors like agriculture and dairy. He informed the House that the Indian government had negotiated with the national interest in mind. He further said that the trade agreement between India and the US would not harm Indian farmers.

Goyal told the Lok Sabha that both countries would soon issue a joint statement detailing the agreement. Explaining the government's stance, he said the agreement fully protects India's interests in sensitive sectors like fertilizers and agriculture. He said the agreement would open up new opportunities for small and medium-sized businesses, micro, small and medium enterprises (MSMEs), industrial units, skilled workers, and industries, and would facilitate access to modern technology. This would accelerate the goals of "Make in India for the World", "Design in India for the World", and "Innovate in India for the World".

The Union Minister of Commerce and Industry said that it is natural for both parties to ensure the best results while protecting their respective economies' key and sensitive sectors. The Indian side has been successful in ensuring the protection of its sensitive sectors, particularly agriculture and dairy. Goyal said the US side also had some areas that were sensitive from their point of view. He said that after several rounds of talks that lasted for over a year, they were able to finalize several areas of the trade agreement. The agreement provides significant benefits, particularly in the services and manufacturing sectors.