“As we enter into more and more engagements with the developed world, as we finalise the India-EU free trade agreement which is going to be a comprehensive economic partnership, with strategic elements into this partnership in the months to come, I’m sure India will grow,” Goyal said at the 65th Annual Session of the Automotive Components Manufacturers Association (ACMA) in New Delhi.
“We are looking forward to a very robust, fair, equitable, balanced, mutually beneficial, and win-win partnership, in terms of a robust free trade agreement which will outlive all of us,” Goyal said. The FTA will strengthen the relationship between the European Union and India, and will, in some sense, define two large economies as it grows in the next five years to become an economy of more than $30 trillion.
“We will both economies of importance, of relevance, and contributing to each other to fair trade will truly hope to play a role in your life and businesses, and more towards the shared prosperity of both the regions,” addressed Goyal to the congregation.