From The Times of India
Owned by Bennett, Coleman & Co.India-Egypt trade has 'sky's the limit' potential, says Goyal; eyes bigger investments
What's behind this
Commerce Minister Piyush Goyal said India will receive preferential access to the US market with lower tariffs than competing countries under a proposed bilateral trade agreement. He also announced that India and Egypt will now work on the Terms of Reference to examine the potential for a Preferential Trade Agreement or a free trade agreement, noting immense opportunities for India. Goyal added that any possible pact will be examined for its impact on trade and investment while protecting the interests of farmers, fishermen and small workers in both nations. The statements were made on Sunday in Cairo.
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RSS excerpt
India and Egypt are looking to significantly boost their trade partnership through enhanced cooperation and investment. Commerce Minister Piyush Goyal highlighted the need for greater movement of goods and services. He mentioned that bilateral trade currently does not represent the potential of both…