Goyal says India could become major exporter to China and ASEAN
In short
Piyush Goyal said India could become a major exporter of goods and services to China and the ASEAN region in the coming years. He said he met his Chinese counterpart in Yaounde, Cameroon, and in New Delhi during the BRICS Summit.
This matters because it points to possible growth in India’s trade links, but no new deal was announced. The report does not say what changes, if any, will follow.
What the reporting says
Commerce and Industry Minister Piyush Goyal said India could become a major exporter of goods and services to China and the ASEAN region in coming years. He said he met his Chinese counterpart in Yaounde, Cameroon, and in New Delhi on the sidelines of the BRICS Summit, and said India is open to free and fair trade. The report does not say whether any trade deal or policy change was announced.
Why it matters
Commerce and Industry Minister Piyush Goyal said India could emerge as a major exporter of goods and services to China and the ASEAN region in coming years. He said he met his Chinese counterpart in Yaounde, Cameroon, and in New Delhi on the sidelines of the BRICS Summit, and reiterated support for free and fair trade. The report does not announce a policy shift or new trade agreement.