We are working to develop relations with China once again: Piyush Goyal
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Commerce and Industry Minister Piyush Goyal said on Wednesday that India is working to develop relations with China once again.
- ✓Bilateral trade reached USD 127.7 billion in 2025-26, but the trade deficit remains a concern.
- ✓Goyal noted, "We are open to all countries as long as we get a fair deal."
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Synopsis
Commerce and Industry Minister Piyush Goyal stated that India seeks to improve relations with China, ensuring fair deals. Bilateral trade between India and China reached USD 127.7 billion, which reflects significant growth in exports and imports. Furthermore, Goyal expressed concerns regarding the widening trade deficit and tightened FDI policies due to geopolitical tensions. India experienced supply chain vulnerabilities during Covid, leading to a focus on self-sufficiency.
New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday said India is working to rebuild its relations with China, but the last word has not yet been scripted on this journey.
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The Economic Times
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