'10 -15% was the issue of tariff, now every option is open ... 'big statement from the government of India in parliament, strict message to America
Union Minister Piyush Goyal on Thursday made a detailed statement in Lok Sabha about 25% import duty (tariff) imposed by US President Donald Trump on India. He said that the government of India is constantly monitoring the situation and that the safety of domestic industries is given the highest priority. Piyush Goyal said there were four round bilateral meetings between the two sides. There were several important meetings to finalize the agreement. There was the setting of 10 to 15 percent rates on imports. There was also talk of bilateral trade agreement. Many virtual meetings were also held. We will protect our household industries. Will take every important steps in the interest of the country. He said that India contributes 16 percent to the development of the world and that we are one of the five largest economies in the world. The impact of this move of America is assessed. He emphasized that India is the fifth largest economy in the world today and by 2047 is the goal of becoming a developed country. He said: “The government is talking to industrialists. We will take all possible steps to keep the country safe. We will become the third largest economy in a few years. Our exports have increased. We work for farmers. He said in parliament that India is still a ‘bright point’ in the global economy. India has concluded free trade agreements with the UAE and Australia, which has led to new pace. be.