Piyush Goyal Slams Congress for Pushing 'Sinful' FTA with China, Endangering India's Economy

• Union Minister Piyush Goyal accused Congress of endangering India's economic interests by pushing for free trade arrangements involving China.
• Goyal criticized Congress for supporting India’s entry into RCEP, calling it a “grave mistake” that would have put the country at risk.
• India did not join RCEP in 2019 due to concerns that its structure did not reflect guiding principles or address India's interests.
• Goyal highlighted that FTAs signed under the UPA government with Japan and Korea did not benefit India, leading to increased imports but stagnant exports.
• He lauded the India-EU FTA as a balanced deal, contrasting it with Congress's approach of signing FTAs with competing nations.

Why It Matters: Piyush Goyal criticized Congress for past FTA policies, especially with China, while highlighting the success of current government's FTAs.