Piyush Goyal: Global Trade to Grow Despite Turbulence, India Nears New FTA

• Union Minister Piyush Goyal asserts globalization is not retreating, global trade continues to expand despite geopolitical and economic turbulence.
• India's combined goods and services trade is projected to grow by 5-6% this year, countering claims of globalization's decline.
• Goyal criticizes UPA-era FTAs for disadvantaging Indian industries by signing agreements with competing developing economies.
• Modi government's strategy focuses on FTAs with developed economies that complement India's strengths, aiming to boost national growth.
• India, a 4 trillion-dollar economy, is poised to become a 30 trillion-dollar economy, attracting significant global investment and strengthening its negotiation position.