India in active dialogue for trade pact with US, EU, Oman: Goyal

India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the US, Oman, and the EU, Commerce and Industry Minister Piyush Goyal said.

- TDG NETWORK

India has implemented trade pacts with Australia, the UAE and EFTA bloc. It has also signed an agreement with the UK.

“We have done free trade agreements (FTAs) with many developed countries in the last three years..We are in active dialogue with the US, EU, Chile, Peru, New Zealand, and Oman,” the minister told reporters here.

“It clearly shows that India is the favoured and preferred destination both for investment and for bilateral trade,” he added.