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India in demand for trade deals as negotiations calendar heats up: Officials

Commerce and Industry Minister Piyush Goyal has attributed the upcoming flurry of trade talks to a direct impact of India’s firm, yet inclusive, leadership at the recently-concluded 12th Ministerial Conference (MC12) of the World Trade Organisation (WTO).

June 24, 2022 / 11:20 IST
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Commerce and Industry Minister Piyush Goyal with Britain's Secretary of State for International Trade Anne-Marie Trevelyan the last time they met to discuss the FTA

Indian trade negotiators are currently the most sought-after officials as a series of trade delegations head to New Delhi to take part in talks related to Free Trade Agreements (FTA) being negotiated by the government with the European Union (EU), United Kingdom (UK), Israel, and Canada.

Commerce and Industry Minister Piyush Goyal has attributed the upcoming flurry of trade talks to a direct impact of India’s firm, yet inclusive, leadership at the recently-concluded 12th Ministerial Conference (MC12) of the World Trade Organisation (WTO).

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“Almost every WTO decision bears India’s signature. India is seen leading from the front and India’s concerns are visible prominently in the outcome documents. We have been cent percent successful in stating our point of view, getting our agenda approved at the talks,” the Minister told the press in his first briefing post MC12.

However, officials say the negotiations calendar had always been expected to get staggered, especially since most nations had been focused on crafting their positions and preparing for the ministerial conference since May. This had added to the overall slowdown in negotiations brought on by the impact of the pandemic.