India trying to resolve trade disputes with many nations, says Prabhu

India is trying to resolve trade disputes with several countries and is willing to create a new world trade order as it extends a hand of friendship to all, Union Minister Suresh Prabhu said today -- a day after the country slapped tariffs on 29 US products in a retaliatory move.

Addressing the 5th India International MSME Start-up Expo here, the commerce and industry minister hoped that small and medium enterprises would create more economic opportunities and become the driver of a new India.

Prabhu said: "We are trying to resolve the trade disputes with so many countries in the world. We want to make sure that India remains a friend of all countries of the world whether it is South East Asia, whether it is Far East including our good friend Japan, whether it is in the Middle East, whether it is Africa or Latin America, in each of these segments.

"I have personally met almost all the ministers at different levels at different time, of course, Europe and the US."