India negotiates trade deals on its own terms & will accept only when it is in national interest: Union Minister Piyush Goyal

2 months ago 105.2K
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In a recent address, Union Minister Piyush Goyal emphasized India's firm stance on international trade negotiations, underscoring that deals will only be accepted if they align with national interests. This approach reflects a strategic pivot towards safeguarding India’s economic priorities while engaging with global partners. Goyal's statement comes amidst ongoing discussions with multiple countries eager to enhance trade relations with one of the world's fastest-growing major economies. Minister Goyal highlighted that India is committed to negotiating from a position of strength, ensuring that any trade agreements contribute positively to the country's economic landscape. By prioritizing national interests, India aims to secure deals that bolster domestic industries, protect jobs, and promote sustainable growth. This approach is seen as part of a broader strategy to enhance India's global trade footprint without compromising its economic sovereignty. The minister's remarks have been widely discussed, resonating with a public increasingly concerned about the impacts of globalization. Observers note that India’s assertive stance could lead to more balanced trade partnerships, potentially setting a precedent for other nations. As negotiations continue, India remains poised to engage with the global market on its own terms, ensuring that any agreements reflect the country's long-term economic goals and developmental aspirations.

— Authored by Next24 Live