New Delhi: Finance Minister Piyush Goyal addresses the 29th session of the Goods and Services Tax Council (GST) at Vigyan Bhawan, New Delhi, Saturday, 4 August 2018. (PTI Photo/Vijay Verma) (PTI8_4_2018_000033A) *** Local Caption ***
Trade unions commerce and textiles minister Piyush Goyal said on Friday that trade talks with the UK, Canada, the Gulf Cooperation Council and the EU were underway, and that garment exports from Bangladesh and Vietnam would benefit from certain benefits. said to have improved for
“Bangladesh is one of the least developed countries due to the country’s tax-free access to the global market,” the Commerce Minister said in response to a question at Lok Sabha. “Similarly, Vietnam also has a duty-free free trade agreement with the European Union and benefits thanks to it. will be taxed,” the minister said. He said Bangladesh and Vietnam were getting benefits that India was not getting. While an FTA (free trade agreement) with the UAE and Australia was signed and trade talks were underway with the European Union, Canada, the UK and the GCC, he said Piyush Goyal had previously said that the textile industry will grow by 2030. He said he was committed to hitting the $100 billion export target.
The Khasi and Tamil Nadu will play a key role in this, he said after meeting with textile industry leaders in Varanasi.
“The textile industry is full of confidence. They will reach the US$100 billion target and become the country’s largest creator of jobs and employment opportunities after agriculture,” said Piyush Goyal on Thursday. Stated. Minister of Textiles Piyush Goyal also said the union’s Minister of Education and Skills Development, Dharmendra Pradhan, has spearheaded this wonderful month-long program that brings Tamil Nadu and Kashi culture closer together.
