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.