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'India's economic growth is linked to trade growth'
The Business Guardian
|November 16, 2025
Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation (WTO), said that India's rapid economic growth is closely tied to its ability to foster strong trade growth.
Okonjo-Iweala also praised Minister Piyush Goyal for his leadership in driving India's trade agreements.
"I'd like to compliment Minister Goyal for the way he's going about the trade agreements for India. India is growing at a very fast rate. Of course, you cannot have good GDP growth without good trade growth," WTO DG said, speaking to ANI on the inaugural session of the 30th CII Partnership Summit 2025 in Visakhapatnam yesterday.
According to the data released by the Commerce and Industry Ministry, the cumulative exports (merchandise & services) during April-September 2025 are estimated at USD 413.30 billion, as compared to USD 395.71 billion in April-September 2024, an estimated growth of 4.45 per cent.
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