India's Exports May Hit Record $800 Bn This Year

If unfair trade barriers are imposed, govt will take up the matter with counterparts

- Press Trust of India

NEW DELHI: Commerce and industry minister Piyush Goyal on Friday said India is in talks with the European Union to resolve issues related to the new EU trade regulations.

Responding to queries on EU trade barriers in the Rajya Sabha, Goyal said the EU has introduced new regulations for their own industries.

"There is certainly an issue where the EU has come up with new regulations which we are actively discussing with them to resolve," he said.

The government is having discussions on issues like the deforestation Act, he said, adding, "we will have to engage with them and find mutual resolution to make the process simple and ensure it does not hurt our industry."