India`s best interests to be kept in mind while inking trade pacts: Piyush Goyal
India's best interests will be kept in mind while inking trade pacts, Union Commerce Minister Piyush Goyal has said businesses. He said ‘India First is our mantra, is our guiding principle.’ Declining to divulge the exact contours of the ongoing trade talks with the US, He said India is in talks with many countries. He said 'They continue to go on very smoothly in a positive direction and all is well.'
He stated ‘We are covering a very wide array of subjects, a very wide array of products and I can assure business persons across the country that we are keeping the best interests of India at the forefront of our discussions.’ Further, he said the bilateral trade agreement with the US will power the economy towards becoming a developed nation by 2047 when the country celebrates 100 years of independence.
Besides, he said India is mulling to start an Indian Institute of Management and Indian Institute of Foreign Trade in the UAE. The decision to open these two premier educational institutes after the establishment of IIT must be seen as an important event illustrating India's ties. He said India wants Dubai to serve as the gateway for India's engagement with the Middle East region, and added that 20 lakh Indians reside in the city.
