India working on China ties, says Piyush Goyal

India is actively working to reestablish relations with China, according to Commerce and Industry Minister Piyush Goyal. This development hinges on the condition that the existing engagement remains relevant, the geopolitical landscape does not worsen, and a mutually beneficial agreement is reached. Goyal acknowledged that past concerns existed but affirmed their commitment to improving bilateral ties.

He addressed inquiries about potential joint ventures in critical sectors with China, stating that the nature of these collaborations still remains to be determined. China stands as India's second-largest trading partner, with bilateral trade increasing by nearly 8% in 2025-26 to reach $128 billion. Goyal emphasized that India's ties with the United States remain robust and consequential for the global stage, with potential for further enhancement regardless of political shifts in either nation.

He highlighted the strength of the India-US relationship, drawing from economic, political, and security considerations.