Pact with UK a gold standard, with zero compromise: Piyush Goyal
Goyal said that India protects all sensitive sectors, including milk, rice and sugar in Ceta. He said that the agreement with the UK will help to increase the exports of intensive products such as shoes, textiles and jewels and jewels.
Goyal, “We have protected all the sensitive sectors of India … We did not open for England (these areas). Zero compromise and comprehensive benefits make it an extraordinary free trade agreement (FTA).” He said. Ceta was signed in London on Thursday, Prime Minister Narendra Modi and British counterpart Keir Starmer.
Emphasizing that the agreement will open the doors of the developed world, Goyal said, “There are various new sections. We have signed the agreement for our own conditions and the economy of India, this will mean a lot.” He said.
The Minister said, “On the one hand, there is a FTA with the biggest economy we negotiate with safe and conditions … 99% of our ports will receive preferential market access and without duty. He said. “Nevertheless, we have provided protection for sensitive sectors such as milk and agriculture. This is a win-win trade agreement.”
Unlike the FTAs of the UPA regime led by the ASEAN countries and the Congress, the existing distribution ensures the protection of India’s interests. The agreements, now “we do not compete with each other with clarity, not complementary,” he said.
Other Pacts
Goyal, “All FTAs have their own dynamics and Oman, the EU and the United States are in the very advanced stage. In addition, we are discussing with New Zealand, Chile and Peru … So we are quite busy at the same time at the same time in many FTAs,” he said.
“We can develop confidence between developed countries and India, so that the FTAs work continues quickly and in the right direction.”
Stating that India protects the sensitive sectors and opened a door in labor -intensive areas, “Every agreement stands on its own feet and is based on the conditions of each country.”
In the same sensitive sectors, outside the FTA, “We have lost a lot of opportunities before automatically opened, but now we have opened a wise automatic in the UK …” he said.
“Developed countries have been continuing higher tasks on labor intensive products to assign some countries to some countries,” he said.
