Indian Farmers Set to Benefit from Expanded Market Access Through FTAs
Indian farmers are poised to gain significant advantages from new free trade agreements (FTAs), according to Commerce and Industry Minister Piyush Goyal. These agreements promise to unlock exciting opportunities for the agricultural sector.
FTAs to Break Down Barriers and Open Doors to New Markets
Goyal highlighted the potential of FTAs with key partners like the UAE, UK, Australia, and the European Free Trade Association (EFTA) to significantly enhance market access for Indian agricultural products. These agreements aim to reduce non-trade barriers, streamlining the export process and making it easier for Indian farmers to reach global consumers.
Boosting Agricultural Exports and Empowering Indian Farmers
By dismantling trade obstacles and opening doors to new and lucrative markets, these FTAs are expected to stimulate growth in agricultural exports, directly benefitting Indian farmers and strengthening the nation’s agricultural economy.