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Image Credit: Bloomberg Quint

FTAs Will Safeguard India’s Interests, Says Piyush Goyal As Trade Talks With US Slow Before Deadline

  • Union Commerce and Industry Minister Piyush Goyal assures that India's free trade agreements (FTAs) will prioritize national interests and protect Indian traders and manufacturers.
  • Goyal emphasizes the importance of reciprocal trade deals that benefit both India and its trading partners, while safeguarding sensitive sectors and regional concerns in negotiations.
  • The minister's statement aims to address concerns regarding tariff hikes and import competition, ensuring fair competition, domestic capacity building, and economic resilience in trade agreements.
  • India remains open to expanding trade but is focused on signing agreements that are mutually beneficial and uphold the country's interests and economic well-being.

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