<div id="readability-page-1"><div id="parent_top_div"><p>Commerce Minister Piyush Goyal urged Indian industry to ensure it leverages the new opportunities arising out of India’s free trade agreements to boost exports rather than allowing only imports to rise.</p> <p>  “Unless Indian industries strengthen global engagements, invite investments, and promote exports, we can jolly well end up in a situation where more imports come in,” Goyal said on Tuesday.</p> <p>  The comment comes ahead of the expected rollout of India’s free trade agreement with Oman on June 1. Trade deals with the United Kingdom, the European Union, and New Zealand are also likely to become operational later this year.</p> <p>  “Every few months an FTA will come into force,” Goyal said at ASSOCHAM’s India Business Reform Summit in Delhi. He suggested that exporters conduct sampling and trial orders to deepen engagements even before the deal comes into effect.</p> <p>  India has a record of imports outpacing exports after the implementation of several trade agreements with partner countries, including the new-generation pact with the United Arab Emirates, as well as agreements signed over the past decade with ASEAN and South Korea.</p> <p>  While India’s exports to the UAE have risen by $13 billion over the past four years, imports have increased by $24 billion. Meanwhile, the trade imbalance with the Association of Southeast Asian Nations and South Korea has become so pronounced that the government has already sought a review of the agreements.</p> <p>  “I am looking for greater exports in value-added products, automobiles, and auto components, for example,” Goyal said. “We are looking for greater exports in electronics finished goods and consumer goods.”</p> <p>  At the same time, the minister acknowledged the importance of certain imports for India’s economic growth. “If we need high-quality precision goods, they will need to be imported. They are enablers for India’s growth story, and I don’t think we should be worried about such productive imports,” he said.</p> <div><p>Goyal also asked the industry to view the current global situation and geopolitical uncertainties as an opportunity for India to strengthen business processes, undertake faster reforms, build greater resilience, and strengthen supply chains.<small> </small></p></div> </div></div>

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<p>印度商务部长皮尤什·戈亚尔强调了印度工业利用自由贸易协定（FTA）来促进出口的必要性，并警告进口上升的风险。随着与阿曼的自由贸易协定定于 6 月 1 日启动，戈亚尔呼吁出口商积极参与。他指出，在过去的协议中，进口的增长速度超过了出口，尤其是与阿联酋的协议。戈亚尔呼吁增加增值产品的出口，并承认某些进口对经济增长的必要性，敦促工业界将全球挑战视为机遇</p>

商务部长皮尤什·戈亚尔表示，自由贸易协定应当促进出口，而不仅仅是进口