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Economy - February 8, 2025

India in talks with EU to resolve new trade regulations: Piyush Goyal

India in talks with EU to resolve new trade regulations: Piyush Goyal

Commerce and Industry Minister Piyush Goyal addressed the Rajya Sabha, stating that India is negotiating with the European Union to resolve issues arising from new EU trade regulations, including the deforestation Act. The discussions aim for mutual resolutions that do not harm Indian industries. Goyal emphasized reciprocity in quality certification and strong actions against unfair trade barriers.

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