Trade talks with UK underway, Piyush Goyal reiterates India’s position
Amid a diplomatic row following protests by separatist groups near the Indian mission in London, Union Commerce Minister Piyush Goyal on Thursday said talks are on for a free trade agreement with Britain.
Talks with the UK are “going very well”, Goyal said, adding that “business is on its feet”.
The Union Minister, however, made it clear that India would keep in mind the respect for its sovereignty and territorial integrity and would not tolerate any interference in its Indian affairs.
India’s Ministry of External Affairs recently summoned the most senior British diplomat to New Delhi on Sunday evening over reports of some Khalistani elements pulling down the Indian flag at the Indian High Commission in London during a protest. India has also responded by proposing or undertaking a number of actions, such as reducing security at the British mission and building a public toilet there.
trade agreements
Asked about the impact of the ongoing developments on the trade deal, Goyal suggested that the talks are on.
I can assure you that talks with UK, Canada, EU countries are going very well, we are also in talks with Israel.
FTA with UK
Goyal said there was no deadline for having an FTA with the UK, but a former PM of the country has announced an aspiration to conclude before Diwali 2022.
He said, “… we are back at the negotiating table, both sides are discussing at an official level.”
Goyal said that many countries have shown great interest for FTAs with India, and discussions with many countries are going on at a “freakish pace”, and quipped that they do not have the bandwidth to discuss such agreements. is saved.
European FTA
Meanwhile, Goyal also said that talks are also underway with the European Free Trade Association (EFTA), following a request by the group’s four ministers to meet the Indian commerce and industry minister.
“They have assured me that they will come up with very attractive offers in terms of their deep understanding of India’s own concerns regarding opening up of services and our patent laws and the need to protect our domestic industry,” Goyal said.
rupee trade
To a question on rupee trade with partners, and whether this is being taken forward with G-20 countries during the ongoing meetings of the group’s Trade and Investment Group in Financial Capital, Goyal said the subject is a bilateral subject. which is anchored. By RBI and Ministry of Finance.
He said that many countries have shown interest in entering into such arrangements with India.
G-20 dinner meeting
Goyal attended a dinner meeting with 100 delegates attending the G-20 meeting in the financial capital on Wednesday evening and is also addressing the delegates at the closing ceremony on Thursday.
Meanwhile, when asked about the Parliament passing important bills without any discussion and the ruling party protesting at a time when the government is responsible for running the House, Goyal hit back saying that the opposition is the leader of the forum. Using it to make baseless and wild allegations against those people. In government under the influence of forces hostile to the interests of India.
He said, “Sometimes in life, decency, self-respect and national interest take precedence over everything else. And this is an occasion when we should not allow the country’s independence, our sovereignty, our honor to be tarnished by any person, especially on foreign soil.” cannot be allowed.” ,
The Commerce Minister also said that the Ram temple in Ayodhya will be ready by the end of the year and the work is going on fast.
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