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India seeking review of FTAs with ASEAN & Japan, says Piyush Goyal


India has sought a review of its existing free trade agreements (FTAs) with ASEAN and Japan, said Mr Piyush Goyal, Union Commerce and Industry Minister, in a written reply to the Lok Sabha.


Eight rounds of negotiations have been held with South Korea for upgrading the existing comprehensive FTA. On the other hand, India and the European Union have held eight stock-taking level meetings since the resumption of their negotiations in 2016 on a proposed Bilateral Trade and Investment Agreement (BTIA). India is engaging bilaterally, and multilaterally, to pursue opportunities for furthering its trade ties, including opportunities for suitable trade agreements, keeping in mind the national interest, said a report.

 

Source : Exim News Service - New Delhi, Dec. 1

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