The minister said some reports suggested that India was going to be the fastest-growing economy in the coming times and had been able to consistently maintain high growth and meet the Covid-19 challenges efficiently.
The trade and investment working group meeting, chaired by Commerce Secretary Sunil Barthwal over three days, aimed to address the challenges in areas, such as trade, sustainability, building resilient supply chains, inclusive growth, and sustaining growth in years to come.
“We aim to use technology in every sphere to serve the people of India in a big way. Today, we are showcasing our developmental model to the rest of the world,” Goyal said.
Goyal said the ongoing free trade agreement (FTA) negotiations with the United Kingdom (UK), Canada, and the European Union (EU) were going well. A launch date towards a trade agreement with the Gulf Cooperation Council (GCC) is also being discussed.
“…they (EFTA) have assured me that they will be coming with attractive proposals, in terms of opening up services and a deeper understanding of India’s own concerns around our patent laws and the need to protect our domestic industry,” he said.
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