While launching the Trade Intelligence and Analytics (TIA) Portal here, he said the industry should increase utilisation of free trade agreements (FTAs)
Goyal said the government is holding regular consultations to streamline FDI and FII processes, boost investor confidence and advance fair, balanced India-US trade deal
He also asked domestic firms to focus on quality, innovation and sustainability to push the country's economic growth
A long-overdue course correction begins as the government moves to roll back QCOs that hurt small firms, consumers, and exports - but momentum must continue to prevent regulatory overreach
He also said the ministry is looking at ways and means to promote excess capacities in these zones for use in the domestic market in India
He said the world recognises India's strength and leadership and the country is a responsible global citizen and it will continue to be the voice of the Global South
India and Canada reaffirmed their commitment to deepening bilateral economic cooperation
The minister added that lowering trade barriers globally will help promote free flow of goods, services and capital
Three years after India and Australia signed an interim trade deal, the two sides are moving decidedly towards a full-fledged free trade agreement. They have rising US tariffs to contend with
The commerce minister said QCOs are aimed at improving product quality and boosting domestic manufacturing, even as a NITI Aayog panel seeks their suspension
India will not agree to any trade deal that harms farmers, dairy or workers, Piyush Goyal said, adding that new fish export markets like Russia are being explored
Goyal on Monday met a business delegation led by President of the Utah State Senate J Stuart Adams and discussed enhancing collaborations
During the meeting, the Ministers reviewed the progress made under the CECA negotiations and discussed pathways to elevate bilateral trade and economic partnerships
The fourth round of negotiations on the India-New Zealand Free Trade Agreement (FTA) concluded on November 7, in Auckland and Rotorua
Commerce Minister Piyush Goyal said India will not compromise on sensitive sectors like dairy and MSMEs in its proposed trade pact with New Zealand, where talks have seen major progress
Goyal, will be in Auckland on November 5 to engage in discussions with Todd McClay, Minister for Trade of New Zealand, on the ongoing FTA (Free Trade Agreement) negotiations
Issues which needs resolutions include steel, auto and EU's carbon tax
The US accounts for 37 per cent of India's total exports of precious stones and 28 per cent shipments of gold jewellery
Once completed, the travel time from Nariman Point to Virar is expected to be reduced to just 35 to 40 minutes
At a meeting with exporters, Goyal reviewed FTA talks with EU, Chile and New Zealand, and discussed challenges from US tariffs and quality control orders