Commerce and Industry Minister Piyush Goyal reaffirmed that India remains firm in safeguarding sensitive sectors such as dairy and MSMEs during free trade negotiations.
He emphasized that protecting these industries is essential to ensuring equitable growth and addressing the concerns of domestic producers amid expanding global trade frameworks. Goyal noted that constructive discussions are progressing steadily in the proposed Free Trade Agreement (FTA), reflecting New Delhi’s balanced approach to trade liberalization.
The fourth round of negotiations, currently being held between senior officials from both nations, is focusing on deepening market access, promoting fair competition, and creating mutually beneficial opportunities.
The government aims to strike an agreement that strengthens commercial ties while upholding the long-term interests of India’s small enterprises and rural economic backbone.
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