Business

India, USA keen to boost economic, strategic partnership: Piyush Goyal


Published : 11 Sep 2022 09:03 PM

India and USA will continue to work towards strengthening economic relations & strategic partnership, Union Minister of Commerce and Industry Piyush Goyal said on Saturday.

Addressing an event hosted by the US-India Strategic Partnership Forum in Los Angeles, Goyal said that the strong bond with the people of the United States will transcend into business and government very rapidly.

India is expanding its international engagements with countries across the globe, he pointed out during his address.

In this context, he referred to the two Free Trade Agreements ( FTAs) that have already been finalised this year (with the UAE and Australia), and hoped for the conclusion of at least two more FTAs by the end of this year.

Referring to the Indian diaspora, he said it understands the importance of international engagements.

Working with 30 million Indian diaspora all over the world and working with friendly countries like the US and Europe can significantly change the course of history, he added.

Reiterating that India is on course to becoming a USD 30 trillion economy in next 25-30 years, Goyal asked the Indian diaspora to grab the opportunity that the growth story of India offers.