Consumer affairs and food & public distribution and for textiles, Minister of Textiles of India

Union Minister for Commerce Piyush Goyal met with the US trade representative Katherine Tai and held discussions on World Trade Organization Dispute Settlement Reforms and exchanged ideas on ways to strengthen the mechanism making it more efficient.The meeting came ahead of the G20 Summit which will be hosted by Indonesia in Bali in the month of November.In a tweet, Minister Goyal wrote, "Participated in a discussion on WTO Dispute Settlement Reform convened by Ambassador Katherine Tai, on the sidelines of the G20 Ministerial Meeting in Bali, Indonesia. Exchanged views on ways to strengthen the WTO dispute settlement mechanism to make it more accessible & efficient."India's G-20 Presidency next year will be a golden chance for the country to correct the long-standing anomalies that go against the developing countries, especially in the domain of agriculture and food subsidies, SBI Research said in its latest report. India is going to hold the G20 presidency from December 1, 2022, to November 30, 2023.Piyush Goyal also held a meeting with the Executive Vice President of the European Commission Valdis Dombrovskis and discussed on expediting Free Trade Agreement negotiations which will benefit both sides."Met Executive Vice President of the European Commission Valdis Dombrovskis on the sidelines of G20 Indonesia. Both sides are keen to expedite FTA negotiations with mutually beneficial results," he added.Earlier, Minister Piyush Goyal on Tuesday said the UK is keen to stick to the Diwali deadline for India-UK free trade agreement and both countries are working towards it. He referred to the passing away of Queen Elizabeth II and said "as we are expanding our engagements, the UK is at a cusp"."Two days ago, I received a letter from the UK again reiterating that they want to stick to the Diwali deadline (for the India-UK Free Trade Agreement)," Goyal said at an event here.Speaking of India's engagements and the quest to become self-reliant, Goyal said, "If we don't engage with the international market, we are the losers...Today the whole world is talking of Atmanirbhar...There is no power that can stop us from becoming a developed nation in the next 25 years...The world wants to engage with us, the world has more confidence in us than we have."Earlier, in the day, British High Commissioner to India, Alex Ellis said that India and the United Kingdom have the high ambition of completing the Free Trade Agreement (FTA) by Diwali this year.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Consumer Affairs And Food & Public Distribution And For TextilesFOLLOW

Consumer affairs and food & public distribution and for textiles, Latest News

Noting the slowdown in the economies across the world, Union Commerce Minister Piyush Goyal on Saturday said India is showing new directions to the world to walk on the path of progress. ...

"World today is looking at India with great confidence," said Union Minister of Commerce and Industry Piyush Goyal while addressing the Confederation of Indian Industry (CII) third edition of the exports summit on Thursday. ...

New Delhi, Oct 13 Commerce and Industry Minister Piyush Goyal on Thursday said that PM GatiShakti National Master ... ...

Deputy CM Fadnavis: 4th investor’s round table conference Aurangabad: Aurangabad Industrial City (AURIC) is now connected to Samruddhi expressway ... ...

Commerce Minister Piyush Goyal on Monday said delegations of the government and industry organisations like FICCI, which go abroad, could encourage foreign institutional investors (FIIs) and sovereign funds to invest in BSE SME on the stock exchange ...

Commerce Minister Piyush Goyal on Monday said Maharashtra would become the fastest-growing state in the country, and that the state and the Centre are working hand in hand to transform the state. ...

Expressing grief over the death of Mulayam Singh Yadav, Union Commerce Minister Piyush Goyal on Monday said the veteran leader's contributions to the nation will be remembered for years to come. ...

Union Minister for Commerce Piyush Goyal met with the US trade representative Katherine Tai and held discussions on World Trade Organization Dispute Settlement Reforms and exchanged ideas on ways to strengthen the mechanism making it more efficient. ...