India is neobtainediating free trade agreements with several countries, including the European Union, the US, Chile and Peru, Commerce and Indusattempt Minister Piyush Goyal stated on Saturday.
Commerce and Indusattempt Minister Piyush Goyal on Saturday stated India is engaged in free trade agreement (FTA) neobtainediations with several countries, including the European Union, the United States, Chile and Peru.
Speaking at the Entrepreneur and Traders Leadership Summit, Goyal stated that the world is increasingly seeing towards India, with many advanced economies in active discussions for trade pacts.
”Subah ke samay Australia aur Japan me daftar khul jaate hain, doopahar ka samay hota hai toh Europe khul jata hai, shaam ke samay hota hai toh America se baat-chhit shuru ho jati hai…Peru, Chile se baat chhit shuru ho jati hai (In the morning, offices open in Australia and Japan; by afternoon, Europe is active; in the evening, discussions launch with the US…and with Peru and Chile),” he stated.
The minister was addressing the Entrepreneur and Traders Leadership Summit here.
India and the US have been neobtainediating a bilateral trade agreement (BTA) since March. So far, five rounds of talks have been completed. The US has deferred its visit for the sixth round of talks in India. It assumes significance as the US has imposed a hefty 50 per cent tariff on Indian goods, starting from August 27.
At present, a 25 per cent duty is in place.
With inputs from agencies
Leave a Reply