India seems to be moving carefully in negotiating free trade agreements (FTAs) with the UK and Canada, given both countries compete with India in the manufacturing sector to some extent, indicates Trade Minister Piyush Goyal. In conversation with Shreya Nandi on the sidelines of the Business 20 (B20) India Inception summit in Gandhinagar, Goyal admits to difficult times ahead for exporters due to looming recession in the developed world. Edited excerpts:
The UK trade secretary recently said offering more student visas is not part of the proposed India-UK FTA.
Student visas were/are never part of FTAs. Basically, FTAs are not