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India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade: Piyush Goyal

India is actively pursuing free trade agreements with various nations, aiming to cover about 75% percent of the global trade landscape, Trade Minister Piyush Goyal said. With existing arrangements already covering an astounding $70 tn of the global economy, this expansion enhances India’s reputation as a reliable player in international value chains. Moreover, there are significant investment…

India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade: Piyush Goyal

Union Commerce Minister Piyush Goyal arrived in Japan on August 24 to lead a delegation of approximately 200 business representatives on a four-day visit. The delegation will focus on strengthening India-Japan trade and investment ties, as Japan has set a target of investing ₹60,000 crore (approximately $10 trillion) in India over the next decade.

The visit includes meetings in Tokyo, Nagoya, and Osaka, with representatives from various sectors such as manufacturing, semiconductors, clean energy, steel, automobiles, financial services, healthcare, and start-ups. Goyal will meet with Japanese industrial leaders, foreign institutional investors, and government officials, and participate in discussions on emerging sectors like semiconductors, artificial intelligence, and start-ups. The visit aims to deepen bilateral trade and investment ties between the two countries.

Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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