After RCEP opt-out, Goyal says India supports free trade agreement with EU


India should hold talks with the European Union for a free trade agreement, the government said on Tuesday, a day after it refused to join a China-backed regional trade pact for fear of a flood of cheap Chinese imports. Trade Minister Piyush Goyal said sectors such as gems, textiles and agriculture have pushed for a trade pact with the EU.

German Chancellor Angela Merkel has also called for talks to restart to finalise an agreement. "We should engage in a FTA with the EU," Goyal told a news conference where he explained.

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