SME Times News Bureau | 11 Sep, 2019
Commerce Minister Piyush Goyal
on Wednesday said that South Korea and Japan have been requested to
review their respective Free Trade Agreements (FTAs) with India.
According
to the Minister, the FTAs should be reviewed as the present
import-export position has changed since the time India entered into
these agreements.
The development comes just after India and the Association of Southeast Asian Nations decided to review their FTA.
On
the proposed Regional Comprehensive Economic Partnership (RCEP), Goyal
said that negotiations for the deal are going on and that the government
will make sure that India's interests are protected.