In this exclusive interaction, Union Minister Piyush Goyal discusses the significance of the India-European Union Free Trade Agreement, describing it as a ‘defining moment in India’s history.’ He emphasizes that India now negotiates from a position of strength, backed by a robust economy projected to reach 30-35 trillion dollars. Goyal highlights how the deal safeguards sensitive sectors like agriculture while opening vast opportunities for Indian exports in engineering, textiles, and pharmaceuticals. He credits the successful negotiation to the leadership and empowerment provided by Prime Minister Narendra Modi. The Minister explains that the agreement, often referred to as the ‘mother of all deals,’ will transform India into a global manufacturing hub and provide consumers with cheaper access to high-tech products and life-saving drugs. The dialogue underscores the strategic importance of the partnership with the 27-nation bloc, noting that it reflects nearly one-third of global trade and offers a win-win scenario for both India and the European Union.
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