**Summary:**
On July 30, 2025, the Ministry of Commerce and Industry issued a statement regarding a statement made by the US President concerning bilateral trade between India and the United States. The Indian government is currently assessing the implications of the US President's statement. India reaffirms its commitment to ongoing negotiations aimed at achieving a fair, balanced, and mutually beneficial bilateral trade agreement with the US. The government emphasizes its priority of protecting and promoting the welfare of Indian farmers, entrepreneurs, and MSMEs. The government assures that all necessary measures will be taken to safeguard India's national interests, consistent with its approach to other trade agreements, including the Comprehensive Economic and Trade Agreement with the UK.
Key Entities Referenced
Ministry of Commerce Industry: The Indian government ministry responsible for international trade and industrial policy.
US President: Refers to the President of the United States, a key figure in the bilateral trade discussions.
India: One of the countries involved in the bilateral trade agreement negotiations.
US: The United States of America, a key country involved in the bilateral trade agreement negotiations.
MSMEs: Micro, Small and Medium Enterprises, an important sector of the Indian economy that the government aims to protect.
Comprehensive Economic and Trade Agreement: A trade agreement, in this instance referring to the recent agreement with the UK, serving as a precedent.
UK: United Kingdom, the country that has recently signed Comprehensive Economic and Trade Agreement with India
Delhi: Location of Press Information Bureau (PIB), indicates where the statement was issued.
Ministry of Commerce & Industry
Statement
Posted On: 30 JUL 2025 8:29PM by PIB Delhi
The Government has taken note of a statement by the US President on bilateral trade. The Government is
studying its implications.
India and the US have been engaged in negotiations on concluding a fair, balanced and mutually
beneficial bilateral trade agreement over the last few months. We remain committed to that
objective
The Government attaches the utmost importance to protecting and promoting the welfare of our
farmers, entrepreneurs, and MSMEs.
The Government will take all steps necessary to secure our national interest, as has been the case
with other trade agreements including the latest Comprehensive Economic and Trade Agreement
with the UK.
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MJPS
(Release ID: 2150415)