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Will first protect industry before entering into any pact: Goyal on RCEP

Goyal said the government would protect national interest first and does not fritter away FTAs like "we saw in 2009-10 period of Congress regime, where agreements were done in a hurry"

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Piyush Goyal

3 min read Last Updated : Oct 21 2019 | 9:56 PM IST

Commerce and Industry Minister Piyush Goyal said on Monday that the government will protect the interest of domestic industry before entering into the proposed mega free-trade pact RCEP, which is in the last phase of negotiations.

The RCEP (Regional Comprehensive Economic Partnership) agreement is being negotiated among 10 ASEAN members (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) and their six free-trade pact partners Australia, China, India, Japan, South Korea and New Zealand.

"Every interest of domestic industry and the people of India has to be protected before we execute any free-trade agreement," he told reporters when asked

Topics : Piyush Goyal

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