What PM Modi said on India-US trade deal in his Rajya Sabha address
The PM underscored that India today has emerged as a trusted partner of several countries as it is playing its role in a manner that contributes to global welfare.
The PM underscored that India today has emerged as a trusted partner of several countries as it is playing its role in a manner that contributes to global welfare.
“The goal should be mutual growth anchored in quality, transparency, and patient safety under a MRA (mutual recognition agreement) based on common ISO standards,” Nath said.
Designed as a modern, rules-based trade partnership, the FTA responds to contemporary global challenges while enabling deeper market integration between the world’s 4th and 2nd largest economies.
BJP has described the deal as “historic step”, highlighting its potential to create opportunities for 200 crore people in India and Europe—nations with one fourth of the GDP and affecting the economy of the entire world
The India-EU FTA covers trade in goods and services, rules of origin, customs and trade facilitation, trade remedies, and emerging areas such as digital trade and MSMEs.
United States President Donald Trump said that the US is close to reaching a trade deal with India. His remarks came even as he announced tariffs on 14 nations.
Ramesh's remarks come amid President Donald Trump's reported announcement of a "very big deal" between the two countries.
US President Donald Trump said that he told Apple Inc. CEO Tim Cook not to "Make in India".
On the Sino-Indian relations, the external affairs minister said the relationship was now much better than before.
During the discussion, the two leaders are understood to have discussed the broad contours of the proposed Free Trade Agreement between their two countries.
