Piyush Goyal Counters Congress on India-EU FTA: 'Sour Grapes?'

India
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News18•29-01-2026, 09:20
Piyush Goyal Counters Congress on India-EU FTA: 'Sour Grapes?'
- •Piyush Goyal rebutted Jairam Ramesh's criticism of the India-EU Free Trade Agreement, questioning if it was 'sour grapes'.
- •Goyal accused the Opposition of lacking resolve and now casting doubt on a deal he believes offers major economic opportunities for India.
- •Jairam Ramesh raised concerns about tariff reductions, potential widening trade deficit, and the Modi government's failure to secure CBAM exemptions for steel and aluminium exporters.
- •Ramesh also highlighted issues like EU health norms, Intellectual Property, access to India's services market, and risks to the Electric Vehicle industry.
- •Goyal defended the FTA as a 'win-win deal', addressing CBAM concerns, regulatory safeguards, IP obligations, and benefits for 'MAKE IN INDIA' through automobile provisions.
Why It Matters: Piyush Goyal strongly defended the India-EU FTA against Congress criticism, calling it a 'win-win deal'.
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