IRONING OUT DIFFERENCES
ON INDIA-US TRADE DEAL DELAY
Neither government said that there will be a trade deal in five minutes... We do think that there is no structural reason why there can’t be one pretty quickly. We know each other's issues
— WILBUR ROSS, US secretary of commerce
Trade has to consider the past, the present, future, the political dynamics, local issues, long term issues, bilateral and multilateral commitments. So it's a very complex story
— PIYUSH GOYAL, Union commerce minister
ON PROTECTIONIST POLICIES
The US is the least protectionist country of the major powers. India is, if not the most protectionist, certainly one of the most protectionist
— WILBUR ROSS
On certain issues, there can be a difference of opinion between the two countries
— PIYUSH GOYAL
ON E-COMMERCE POLICY
Amazon and the other e-commerce companies didn’t get to be the world’s biggest by any evil mechanism. They got there because they are extremely efficient
— WILBUR ROSS
E-commerce is a platform that provides opportunity to buyers and sellers in an agnostic fashion. It is not expected to be a platform for predatory pricing
— PIYUSH GOYAL
ON SMALL TRADERS
India is very clear, considering our domestic political compulsions and having about 120-130 million people dependent on small retail... This is a very sensitive subject
— PIYUSH GOYAL
If a hundred years from now, India still has as many small retailers as now, it would have held back the growth of the country immensely
— WILBUR ROSS