Piyush Goyal Signals Progress On Chile And Canada Trade Pacts
What Happened
Commerce Minister Piyush Goyal said India’s FTA negotiations with Chile are“quite ripe” for conclusion, while trade negotiations with Canada are making “very good progress.” India has also started negotiations with the Southern African Customs Union, comprising South Africa, Botswana, Eswatini, Lesotho and Namibia. Goyal also said Mexico is keen on an early-harvest trade agreement, while India hopes to accelerate expansion of its existing preferential trade pact with Mercosur.
Key Takeaways
India’s global trade push is gathering pace, with the Chile agreement appearing closest to conclusion and Canada negotiations also advancing.