We negotiate trade deals with fairness, says Piyush Goyal

NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday said India negotiates trade and investment agreements with fairness and an open mind, and takes care of the interest of its people.

He said countries that are negotiating trade agreements and investment pacts with India should keep in mind that New Delhi offers a huge market to them in terms of demand and business opportunities.

"I can assure you that India negotiates with fairness, with an open mind... India also takes care of its wider and larger interest in the long run," he said at the CII India-Europe conclave. FTAs or bilateral investment treaties, or agreements on geographical indications, will have to stand the test of fair, equitable, and balanced agreements as the level of economic developments varies, he said.

"We'll have to respect the very different opportunities that are offered by India vis-a-vis the offer on the table from other countries," he said, adding that India is one of the fastest growing economies of the world.