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India won’t compromise FTA deal with UK just to meet deadline, says Piyush Goyal

New Delhi: Trade Minister Piyush Goyal said on Friday that the government would not compromise on national interests in discussions for free trade agreements (FTAs) only to fulfil timelines as the Diwali deadline for concluding trade negotiations with the UK draws near.

“FTAs (are going) to be entered into after thorough consultation with all stakeholders, including industry, and the government will not diverge from this approach for the sake of deadlines”, he said.

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Goyal was addressing during a meeting with important members from export promotion councils and industry associations to discuss India’s export performance during the first half of this fiscal year.

Goyal’s remarks follow those of Suella Braverman, Britain’s home secretary, who expressed scepticism about the proposed Free Trade Agreement (FTA) with India on the topic of migration and identified Indians as the largest group of persons who overstay their visas in the UK.

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In an interview with “The Spectator” on Thursday, the senior minister expressed worries about what she anticipated would be an open borders immigration policy and seemed to imply that she would not secure Cabinet support for a trade agreement that grants India additional visa benefits.

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