Goyal emphasises on reciprocal market access for Indian goods.

Minister of Commerce and Industry Piyush Goyal has called for de-escalating trade tensions and urged several countries to grant reciprocal market access for Indian products.

 

He held a series of bilateral talks with representatives of Japan, the United States, Canada, Mexico, Chile, the European Union, Britain, France, Spain, China, Singapore, South Korea, Saudi Arabia, South Africa and Australia.

 

The meetings were held on the sidelines of two-day G20 Ministerial on Trade and Digital Economy here on June 8 and 9, according to an official statement released on Monday.

 

Goyal said the slowdown in global trade and investment is of serious concern as it adversely affects economic growth, development and job creation. He called for de-escalating trade tensions and reviving confidence in the rules-based multilateral trading system.