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India's exports to the EU could double to $150 billion within five years of the FTA, says Piyush Goyal, stressing balanced market access while protecting sensitive sectors
Goyal emphasised that the agreement is a win-win deal that will drive economic growth and create new opportunities
Speaking after the conclusion of the India-EU free trade agreement, Goyal said the pact was a win-win for all sections of industry in India as well as Europe
This partnership, he said, was forged between the fourth and the second-largest economies, accounting for one-third of global trade
Commerce Minister Piyush Goyal said India and the European Union are close to a fruitful conclusion of free trade agreement talks, with the outcome expected to be announced
US Senator Steve Daines urged faster India-US trade talks, pressing for greater market access for American pulses, a long-standing and sensitive issue for New Delhi
Piyush Goyal meets new US Ambassador Sergio Gor as India and the US resume talks and move closer to finalising a long-pending bilateral trade agreement
The bilateral ties are strained after Trump imposed a 50 per cent tariff on India, including a 25 per cent additional import duty for India's purchase of Russian crude oil
Goyal said there would be no compromise on the country's interests and that all sensitive issues, such as the Carbon Border Adjustment Mechanism and dairy, would be addressed to India's satisfaction
Calling it the "mother of all deals", Commerce Minister Piyush Goyal said the India-EU free trade agreement would be a balanced and mutually beneficial trade pact
I was thinking of discussing this with Maharashtra CM Devendra Fadnavis on whether we can give concessions and incentives for this, Goyal said
Goyal will visit Brussels on Jan 8-9 to hold high-level talks with EU officials, as India and the European Union seek to resolve key differences and fast-track their long-pending free trade agreement
During the two-day visit on January 8-9, Goyal will meet the Executive Vice-President and European Commissioner for Trade of the European Union, Maros Sefcovic
Piyush Goyal may visit Canada in February, paving the way for restarting stalled India-Canada trade talks after a two-year diplomatic freeze over the Nijjar controversy
The talks are also important as the Donald Trump administration has imposed a steep 50 per cent tariff on Indian goods entering American markets
Goyal, who was given a rousing reception by the party members at the airport here, discussed the current political situation and alliance during a meeting of the BJP core committee leaders
Commerce Minister Piyush Goyal said India has protected dairy and key farm sectors in the India-New Zealand FTA, underlining that dairy will never be opened up in trade negotiations
Once signed, this deal will mark India's seventh trade agreement since 2021 and a part of its diversification strategy at a time when global trade is up for a major reset
Government officials said that India and the EU are continuing to engage with each other to narrow the differences and close the free trade agreement (FTA) talks at the earliest
The first of a two-part series looks at India's export options: Tariffs are pushing a move towards diversification even as shipments to the US increase. It could be a win-win