Commerce Minister Piyush Goyal on Tuesday said India and the US do not have any trade disputes and both nations have huge bilateral trade and investment potential.
Speaking during a ministerial panel discussion at India Energy Forum here, Goyal said, "There is no (trade) dispute (with the US). We had certain disagreements, but I dont think that there is... any relation where there are no disagreements at all. I think we welcome some 'nok jhok' (argument). Little bit of uncertainty helps in taking things forward."
Referring to the withdrawal of GSP by the US, Goyal said, it could be a "dispute in the eyes of some, but I think it opened up an opportunity for me to have a dialogue with my colleague (US trade representative). We had some wonderful discussions."
About the business potential with US Energy firms he said, "There is huge potential on the gas side and also in nuclear energy. The US and India have a robust relationship, which has huge potential going forward... We should not look at incremental growth in our relationship. We should be looking at a quantum leap. We have set half-trillion-dollar (trade) target (with the US)."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
