Piyush Goyal Slams Congress Over RCEP, Calls It 'Worst Anti-India Decision' To Kill Growth | 4K

Описание: Union Minister Piyush Goyal has launched a scathing attack on the Congress party and its allies, labeling their past negotiations for the Regional Comprehensive Economic Partnership (RCEP) as the 'worst and most anti-India decision' that could have been taken. Speaking on the strategic risks of the trade bloc, Goyal stated, 'It would have completely demolished the Make in India story, the manufacturing story, we would have today been an import-dependent country.' He argued that joining RCEP would have effectively resulted in a bilateral free trade agreement with China, exposing Indian farmers, MSMEs, and the automobile sector to predatory pricing and the dumping of overcapacities. Minister Goyal credited Prime Minister Narendra Modi for saving the Indian economy by announcing the decision to stay out of the RCEP during the 2019 Bangkok summit. He emphasised that India is only interested in free trade agreements characterized by fair play and transparent transactions, rather than those led by China. Goyal also criticised the previous UPA government for lacking the 'courage of conviction' to conclude a deal with the European Union, which he claims cost the nation millions of jobs and billions in foreign exchange earnings.

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