‘Working with EU, UK, Canada, Australia and UAE for early conclusion of FTAs’: Piyush Goyal
A 'Made in India' product must be a guarantee to the world, the Minister of Commerce and Industries said
Minister of Commerce and Industries, Piyush Goyal on Friday called for free trade within a rules-based multilateral trading system with honesty and transparency as core values.
Addressing the 54th convocation ceremony of Indian Institute of Foreign Trade, he said, “We must work to resolve issues posed by non-tariff barriers in international trade.”
He also said that wherever India faces an unfair or unjust treatment, it will take reciprocal action.
Referring to India’s recent achievement of 100 crore vaccines, he said that the milestone was the result a collective effort of 130 crore Indians and a proof of India's ‘Atmanirbharta’ and its resolve to leverage its capacities to the best possible extent and to serve the needs of the entire world.
The Union Minister said despite challenges, India under PM Modi has aimed to convert a crisis into an opportunity for transformation. He said that India is being looked upon as a trusted partner and “we are engaging with like-minded nations e.g. EU, UK, Canada, Australia & UAE for early conclusion of FTAs.”
Referring to India's ambitious programmes like the PM GatiShakti National Master Plan for infrastructure and multimodal connectivity, Piyush Goyal said that there was a need for planned, focussed efforts to create infrastructure in the country by breaking silos and bringing in synergy.
“There is a need to bring in quality and productivity in all we do. A ‘Made in India’ product must be a guarantee to the world”, he added.
He commended IIFT for contributing immensely to India's external trade since its establishment in 1963.
He said that IIFT has been widely recognized for its strong knowledge and resource base and has been consistently ranked amongst the leading business schools in the Asia-Pacific Region.