India Canada FTA Talks: Commerce and Industry Minister Piyush Goyal has said that all possibilities are being considered regarding resumption of talks on Free Trade Agreement (FTA) with Canada. The Commerce Minister said that he has had two rounds of discussions with Canada’s Export Promotion, International Trade and Economic Development Minister Maninder Sidhu and both are considering ways to strengthen bilateral cooperation and strategic partnership.
All possibilities are open: Piyush Goyal
Goyal said, “All possibilities are open.” We have had two rounds of discussions so far. We met for a high ministerial level meeting in Delhi. We discussed strengthening bilateral cooperation and strategic partnership.” Canadian Minister Sidhu had come to participate in the 30th Confederation of Indian Industry (CII) Partnership Summit held in Visakhapatnam.
Goyal said at the summit that India is ready to play a leadership role in taking forward World Trade Organization (WTO) reforms, but he stressed that the shape of these reforms should be prepared in consultation with developing and underdeveloped countries.
Giving further information, Goyal said that it should be ensured that the entire exercise is for global welfare rather than the agenda of some advanced countries. Goyal said that the world recognizes India’s strength and leadership and the country is a responsible global nation and will continue to be the voice of the Global South. “We would like to lead reforms (in the WTO),” he said. But these reforms will be done in consultation with other developing and less developed countries, so that we can actually work for the welfare of the world and not just for the agenda of a few developed countries.
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