INDIA TAKES CAREFUL APPROACH TO FTAS TO PROTECT MSME INTERESTS: S JAISHANKAR

External Affairs Minister S. Jaishankar discusses India's cautious approach to FTAs, the impact on MSMEs, and the country's response to disruptions in the Red Sea.

- TBG NETWORK

The Indian government has adopted a meticulous approach to Free Trade Agreements (FTAs), focusing on safeguarding the interests of Micro, Small, and Medium Enterprises (MSMEs) and farmers, External Affairs Minister S Jaishankar said.

Highlighting the rationale behind this cautious stance, Jaishankar said, "Modi govt has been very cautious on FTA for two reasons. Number one, weighing the experiences and the results of previous and number two, our concern for the impact of FTAs on MSMEs."

Jaishankar emphasized the importance of considering domestic interests while negotiating trade deals.