FTA review talks with Japan, Korea, Asean moving slow, but India pursuing: Piyush Goyal
Piyush Goyal said on Tuesday. He said these agreements were signed and implemented during the UPA regime.
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These pacts are hurting the domestic industry and almost all firms stated that they are «unfair» agreements, Goyal said.
«I am helpless as those agreements (came into effect) before we came to power. I am helpless to change it until we close the negotiations.
«We are under re-negotiations but obviously when they (Japan, Korea, Asean) realise that the Congress's agreement was better for them (Japan, Korea, Asean), they are happier to keep that rather than change the agreements… they are going very slow, (but) we are also pursuing,» he said while speaking at a CII programme on Viksit Bharat.
The minister also did some tough talking with the industry.
He said the domestic players seek duty concessions in FTAs but they are not ready to give market access to other countries.
The Indian industry always seeks protection, he said, adding, «Then how will we do FTA with the UK and with the European Union (EU)?»
The industry states that «do not give duty concessions in India, but allow us to export at zero duty to the UK, and the EU. Is this the way FTA happens? What is the cooperation from your side?» he asked.
«When I appeal to you to buy goods made by Indian firms, you (industry) say you save money from importing,» he said,
