Agriculture, dairy sectors ‘fully’ protected under India-US trade deal: Piyush Goyal

India will diversify its energy sources as a strategy amid changing global circumstances and ensure energy security for its citizens, Trade Minister Piyush Goyal said on Wednesday (February 4), days after the U.S. said New Delhi will halt Russian oil purchases. U.S. President Donald Trump on Monday (February 2) announced a trade deal with India that slashed tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers. Trump said India would instead buy oil from the U.S. and potentially Venezuela. The Kremlin on Tuesday (February 3), however, said it had heard no statements from India about halting purchases of Russian oil. In his first statement to the parliament on the trade deal, Goyal did not refer to shifting energy purchases away from any country.