Goyal Urges National Unity to Tackle West Asia Crisis Challenges

• Commerce and Industry Minister Piyush Goyal emphasized the need for national unity to address challenges from the West Asia crisis.
• A joint US-Israel attack on Iran has disrupted shipping and increased global oil prices, causing collateral damage.
• Goyal noted India's non-involvement in the war but acknowledged difficulties, such as Malabar facing export issues to Middle East countries.
• India has signed nine free trade agreements with 38 developed nations, offering preferential market access to two-thirds of global trade.
• He stressed leveraging these opportunities through quality focus and highlighted the importance of skilling and language training for youth.

Key Questions Answered

How is the US-Israel attack on Iran impacting global oil prices and shipping?

The US-Israel attack on Iran has caused significant disruption to global oil prices and shipping.

What is Piyush Goyal's call to action regarding the West Asia crisis?

Piyush Goyal calls for the nation to unite and address challenges from the West Asia crisis.

How are India's nine new free trade agreements benefiting exporters?

India's nine new free trade agreements grant businesses preferential access to nearly two-thirds of global trade and GDP.