
India now has market access to 70 pc of global GDP at mostly zero duty: Piyush Goyal
New Delhi, Feb 12 (IANS) India now has market access to 70 per cent of global GDP, in most cases at zero duty for domestic products, Union Commerce and Industry Minister Piyush Goyal said on Thursday.Speaking at an event here, Goyal said that nine Free Trade Agreements (FTAs) have been concluded in the last three years, covering 38 countries with strong per capita incomes, and most developed markets now have trade arrangements with India.“Agreements include the 27-nation EU bloc, four-nation EFTA bloc, the UK, Australia and New Zealand, the United States of America, while Japan and Korea were concluded earlier, along with ASEAN nations,” the minister said.He also urged medtech startups to look beyond the domestic market, leverage India’s expanding trade agreements covering nearly 70 per ce...









