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Commerce and Industry Minister Piyush Goyal stated that negotiations for the proposed India-Peru Free Trade Agreement (FTA) are unlikely to conclude soon due to concerns over market access for certain products.He emphasized that India cannot offer market access for specific items, making the FTA timeline uncertain.The minister also mentioned that India-Canada FTA discussions are progressing, with a team set to visit Canada for further negotiations.
Additionally, Goyal announced plans to attend the India-EU Trade and Technology Council (TTC) meeting in Brussels, aiming to complement existing trade agreements.The article highlights ongoing trade diplomacy efforts, with focus on addressing market access barriers and advancing bilateral agreements.The minister's comments reflect broader challenges in securing mutually beneficial trade terms while balancing domestic industry interests.