Commerce and Industry Minister Piyush Goyal praised the successful conclusion of the India-EU Free Trade Agreement (FTA) as a significant achievement. He highlighted the contrast with past rushed agreements during the UPA era, emphasizing that the new deal prioritizes India’s core interests. Goyal credited Prime Minister Narendra Modi’s leadership for ensuring that the FTA benefits various sectors of the economy and promotes growth.
The minister emphasized that the India-EU trade deal will bring prosperity to every region and citizen by creating jobs and expanding markets. He refuted criticisms from the Congress party, stating that the FTA is mutually beneficial and will drive India’s economic growth. Goyal underlined the agreement’s potential to open up opportunities for businesses and citizens, fostering a strong India-Europe partnership.
Prime Minister Modi hailed the FTA as a step towards deepening economic ties and enhancing opportunities for both countries. He highlighted the benefits of the agreement, including improved access to European markets for Indian farmers and small industries. Modi expressed optimism that the deal would lead to increased cooperation in manufacturing and services sectors, benefiting the global community.
The historic India-EU FTA, the largest in India’s history, is expected to unlock significant advantages for the country’s population. It aims to facilitate market access for farmers and small industries, boost manufacturing opportunities, and enhance cooperation in services sectors. The agreement is set to create quality jobs, promote mobility for youth and professionals, and drive innovation for mutual economic growth.
