The textile minister said the industry needs to focus on the world market as it would help make the sector competitive
Mohit Agarwal, Director, Asian Tea Company, said that the move would make the tea industry "robust and transparent"
Says such matters should be addressed in intergovernmental organisations
The four-day 13th ministerial conference (MC13) will start on February 26 in Abu Dhabi, the United Arab Emirates (UAE)
The minister was responding to a question on India's trade negotiations with the UK and the European Union (EU) becoming more complicated
It also provides a platform, where all the member countries hold dialogue or debate on different trade-related issues and come up with solutions
The minister further elaborated on the plethora of opportunities in the various sectors across India
Farmers' protest march updates: Catch all the latest updates on the farmers' protest here
"I can assure you that India negotiates with fairness, with an open mind... India also takes care of its wider and larger interest in the long run," he said at the CII India-Europe conclave
Farmers' protest march updates: Catch all the latest updates on the farmers' protest here
The RBI has been maintaining the benchmark interest rate at an elevated level of 6.5 per cent since February 2023
"The farmers' union will tell us their decision by morning. We will also have discussions with NCCF and NAFED after returning to Delhi," he added
Meanwhile, there was no report of any clash between farmers and the Haryana security personnel at the two Punjab and Haryana border points - Shambhu and Khanauri - on Thursday
Farmers protest news: This will be the third round of talks between the two sides- the previous two rounds of dialogue on February 8 and 12 remained inconclusive
Delhi Police stepped up security in the national capital, enforcing Section 144, which bans gatherings and processions for a month across Delhi
SEA has requested the government to take immediate steps to safeguard the interests of the domestic industry by taking some measures
The prime minister has fulfilled his guarantee and promise to the nation, Goyal said, adding that the temple is equally a symbol of India's progress (vikas) and heritage (virasat)
'The material factor is that it (FDI) continues to come in. Very often when you see a very rapid growth on any statistic, you need some time for it to cool down also,' he said
Such barriers include prior registration requirements in the exporting country, cumbersome testing and certification requirements and unreasonable domestic standards/rules
He said 10-12 years ago, there were incidents of unrest in sugar mills and cane farmers were not getting their dues and they had to come out on the streets to protests