Commerce and business minister Piyush Goyal on Thursday stated that two international locations and a gaggle of countries have evinced curiosity in negotiating a free commerce settlement (FTA) with India.
The minister’s assertion comes at a time when India is gearing as much as signal commerce pacts with key buying and selling companions over the following few months. Earlier in the course of the week, Goyal held bilateral conferences along with his counterparts from South Korea, Australia, South Africa, the US, Brazil, China, and the European Union, amongst others, on the G20 ministerial assembly in Sorrento, Italy, to provide extra impetus to commerce ties with these nations. He additionally met commerce ministers of the UK, Indonesia, Canada, and Mexico.
“We’re negotiating FTAs with the UK, the EU, the UAE and Australia and within the final three days, two extra international locations and a gaggle have proven curiosity that they wish to begin talks for FTA,” Goyal stated.
The minister, nonetheless, didn’t disclose the title of the international locations.
“The world desires to do enterprise with India. The pace at which international locations are exhibiting curiosity in FTAs with India is proof of their belief in us and our dedication to inclusive progress,” the minister stated.