Commerce Minister Piyush Goyal said the withdrawal from the Regional Comprehensive Economic Partnership (RCEP) was a courageous decision taken in the interest of our industry and our nation.
The Commerce Minister was speaking at a reception hosted by a media house in New Delhi on Saturday evening. Piyush Goyal said: “Government gives India’s interests top priority when entering into FTAs (Free Trade Agreements) with countries. India does not enter into agreements just for the sake of it. do, but only after extensive consultations with all stakeholders and thorough brainstorming covering all issues.” Goyal informed the assembly that India is negotiating from a position of strength but wants a fair and balanced agreement, according to a statement issued Friday evening by the Ministry of Trade and Industry.
During the event, he also said that the world now recognizes that India has arrived.
The Commerce Minister also said that both in the political and business worlds, everyone now recognizes India’s history.
Elaborating on this, he said the history of India shows a lot of positive mindset, shows the aspirations of a billion and more people desiring a better life for themselves. The story is not limited to economic growth alone, it also shows political stability, which has a huge influence on a corruption-free society, he added.
He also said that India is the only bright spot in the world, which will not only improve the lives of a billion plus people, but also lend a helping hand to the global economy. The world depends on India not only for its own economic growth and the Indian market, but also for India’s demographic dividend and huge talent pool. Goyal said he believed India would become a global superpower within the next 25 years.
Goyal said that the new India has a bright future, a very powerful future and a very prosperous future. He called India a young and energetic nation, which wants better things in life, which is ready to experiment, innovate and take risks.
(With ANI entries)
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