Commerce and Industry Minister Piyush Goyal stated that India is the only country to have finalized Free Trade Agreements (FTAs) with Australia, New Zealand, the UK, the European Union, the four-nation EFTA, and the United States.
Speaking at an event in New Delhi yesterday, he said that India has protected the interests of farmers, the dairy sector, and MSMEs in all FTAs.
Mr. Goyal highlighted that Prime Minister Narendra Modi has been implementing reforms at a rapid pace. He said that nine FTAs cover 38 countries, which together account for two-thirds of the global economy. The Minister also asserted that without India, it will be difficult to expand the use of Artificial Intelligence in the global value chain.