Piyush Goyal says commerce ministry will review free trade agreements to protect interests of industry and traders

Addressing domestic traders, Piyush Goyal said India also decided to walk out from the Regional Comprehensive Economic Partnership agreement keeping in view the interest of small traders and dairy industry.

Press Trust of India December 30, 2019 23:05:50 IST
Piyush Goyal says commerce ministry will review free trade agreements to protect interests of industry and traders
  • Piyush Goyal on Monday said his ministry will review all existing free trade agreements with different countries to protect interest of industry and traders

  • If the BJP would come to power in Delhi, it would stand with traders and work to protect their interests, he said

  • Goyal alleged that the Arvind Kejriwal-government creates hurdles in the implementation of central government schemes in the capital

New Delhi: Commerce and Industry Minister Piyush Goyal on Monday said his ministry will review all existing free trade agreements with different countries to protect interests of industry and traders.

Piyush Goyal says commerce ministry will review free trade agreements to protect interests of industry and traders

File photo of Piyush Goyal. ANI

Addressing domestic traders, he said India also decided to walk out from the Regional Comprehensive Economic Partnership agreement keeping in view the interest of small traders and dairy industry.

Goyal said that free trade agreements (FTAs) with countries like Japan, South Korea and Asean provided duty free access to Indian markets but domestic goods face barriers in these countries.
These unfair pacts did not benefitted Indian traders and industry, he said.

"I want to assure you that the commerce ministry will open the old FTAs and hold discussions with these countries," the minister said. Speaking about the forthcoming Assembly elections in the national capital, he appealed traders to support BJP as the AAP government has not fulfilled their promises.

If the BJP would come to power in Delhi, it would stand with traders and work to protect their interests, he said. Goyal alleged that the Arvind Kejriwal-government creates hurdles in the implementation of central government schemes in the capital.

The kind of politics which AAP is doing in Delhi would not help traders, he added. "Delhi now wants a strong government and a government which is committed for its development," he said.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Lal Bahadur Shastri birth anniversary: Political leaders commemorate ex-PM who coined slogan of 'Jai Jawan Jai Kisan'
India

Lal Bahadur Shastri birth anniversary: Political leaders commemorate ex-PM who coined slogan of 'Jai Jawan Jai Kisan'

Shastri was born in Varanasi in Uttar Pradesh on 2 October, 1904 and passed away on 11 January, 1966 after suffering a massive heart attack in Russia's Tashkent, where he signed a peace agreement between India and Pakistan post the 1965 war.

Union Budget 2021: PMFAI demands GST reduction on pesticides from 18% to 5%
Business

Union Budget 2021: PMFAI demands GST reduction on pesticides from 18% to 5%

The PMFAI also urged the government to extend a financial support for developing technologies for intermediates and technical grade pesticides indigenously under 'Make in India'

BS Yediyurappa will meet Amit Shah on visit to Delhi today, likely to discuss Karnataka Cabinet expansion
India

BS Yediyurappa will meet Amit Shah on visit to Delhi today, likely to discuss Karnataka Cabinet expansion

The Cabinet expansion in the state has been on the cards for over a year now, but it has been delayed for various reasons, which has given rise to discontent among some ministerial aspirants