India’s Minister for Commerce and Industry Piyush Goyal said India is embarking with the United Kingdom, Australia on free trade agreement (FTA) and hoped to look at the entire Gulf Cooperation Council (GCC) region for a Comprehensive Economic Partnership…reports Asian Lite News
“It’s a journey that we are all embarking with the United Kingdom, Canada, Israel, Australia and with the European Union. We hope to also look at the entire Gulf Cooperation Council (GCC) region for a Comprehensive Economic Partnership (CEPA),” Goyal said.
He continued, “in all of these journeys, I think UAE and India have made an excellent document, covering a wide variety of subjects can certainly help as a template and set the goal and agenda for our future engagement.”
He also noted that Prime Minister Narendra Modi-led India from the front over the CEPA signed with UAE and his vision has always been to achieve a “historic high in goods and services” between the two countries.
ALSO READ: India, UAE target $250 bn in bilateral trade
“At some time in the near future, we hope to also to look at the entire GCC region for a comprehensive economic partnership,” he added.
Referring to the challenges posed by COVID, he said India has “a trusted country status”.
“The whole world trusts India today. Businesses for their timely delivery, quality of service, and despite the COVID not even for a one second did our Indian service providers let down any international commitment.” (ANI)