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National intrests first, while dealing with trade agreements, industry minister

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New Delhi, April 12: Union Commerce and Industry Minister Piyush Goyal has emphasized that national interest cannot be compromised just to meet trade agreement deadlines. According to reports, the Minister said, trade agreements should be win-win for both sides. Mr Goyal was speaking at the 9th Global Technology Summit in New Delhi yesterday, where highlighted  opportunities that lie ahead for India in reshaping global trade, especially with trusted partners such as the United States.      Speaking on Free Trade agreements, the Minister stated that while timelines are aspirational, national interest cannot be compromised to meet trade agreement deadlines, asserting that it must be equitable, fair, and mutually beneficial. The Minister highlighted that India’s current tariff protection measures are directed mainly at non-market economies that engage in unfair trade practices. He added that India is well-positioned to engage in bilateral partnerships with countries that value reciprocity, trust, and fair play.

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