India is open for biz; to expand global footprint, says Piyush Goyal

PM Modi's government looks at a trade deal very seriously, examining its potential for the next 50 years, says Goyal

Since February, India has inked two key trade pacts — with the United Arab Emirates and Australia — in line with its revamped foreign trade strategy. Piyush Goyal, Union minister for commerce and industry, tells Shreya Nandi in an interview that this indicates India’s openness to business, and that the country wants to expand its international footprint. He also said the government will soon find a solution to payments-related challenges being faced by exporters amid the Russia-Ukraine war. Edited excerpts:

It’s been over two years since India opted against joining the Regional Comprehensive Economic Partnership (RCEP), and now we have signed