India will gain strong comparative advantage after US trade deal: Union Minister Piyush Goyal

India will gain strong comparative advantage after US trade deal: Union Minister Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Thursday said India would stand to gain a strong comparative advantage once its trade agreement with the United States is finalised. He was speaking at the 4th ISID-IDRA National Conference on India’s Industrial Transformation in Delhi.

Goyal said he had not come across anyone who could find a flaw in any of the eight concluded free trade agreements (FTAs) whose details had been made public. He said the ninth, the proposed US free trade deal, was sometimes being politicised by certain elements, even though its details were not yet fully available.

“I don’t know what they criticise, but I have the courage of conviction to announce that once details of the US trade deal are out, the people of India will celebrate that not a single sensitive interest of our farmers or any stakeholder has been compromised,” Goyal said.