India aims for equity and balance when negotiating FTAs: Piyush Goyal
India looks for equity, balance and fair trade when negotiating a Free Trade Agreement (FTA) with countries, the government.
India looks for equity, balance and fair trade when negotiating a Free Trade Agreement (FTA) with countries, the government.
The ministers from the two countries were speaking at the 25th Session of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technical, and Cultural Cooperation held here.
Indian tourists are rapidly emerging as a significant growth engine for global tourism, with a 12 per cent growth in the first half of this year, compared with the same period in 2019 before the pandemic, according to a report on Wednesday.
In a written reply in the Lok Sabha, Union Tourism and Culture Minister Gajendra Singh Shekhawat said that FTAs during the period January- May, 2024 were 40.72 lakh as compared to 37.32 lakh in January-May 2023, registering a growth of 9.1 per cent with respect to 2023.
Economic, domestic, and global security will be at the heart of the UK Foreign Secretary’s first visit to India, the British High Commission said.
Broad contours of the FTA were discussed between Commerce Minister Piyush Goyal and Italian Deputy Prime Minister and Foreign Minister Antonio Tajani at a meeting in Rome yesterday.
The foreign minister pointed out that the EU is one of India’s largest and most important trade partners.
The Indian High Commission has retorted that India awaits “demonstrable progress" on certain commitments undertaken by the UK government under the MMP that was signed last year.
The two partners had abruptly called off the talks in 2013 due to differences in the scope and expectations of the deal.
Commerce Minister Piyush Goyal and UK's International Trade Secretary Anne-Marie Trevelyan led their respective delegations at the talks with both expressing confidence that the negotiations would be fruitful.
