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India will reciprocate to unfair NTBs: Commerce & Industry Minister

Updated: Oct 22, 2021 12:12:50pm
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India will reciprocate to unfair NTBs: Commerce & Industry Minister

New Delhi, 22 Oct (KNN) Piyush Goyal, Union Minister of Commerce and Industries, pressed for free trade within a rules-based multilateral trading system with honesty and transparency as core values, while addressing the 54thConvocation of Indian Institute of Foreign Trade in New Delhi today.

He added India will reciprocate to every unfair or unjust treatment it faces, and emphasized upon the need for resolution on issues posed by Non- Tariff Barriers in international trade.

He said that a convocation is an important ceremony that marks the next step in the journey of the graduates when they grow from 'acquisition of knowledge' to 'application of knowledge'.

Underscoring the need for a committed and vibrant leadership in the field of academics in India, Union Minister Goyal called for enhancing exposure of our students to the best of technology, foreign law, economics, and international trade.

Calling for tie-ups of Indian Universities with institutions of eminence across the world, he asked Indian universities to enter into sustained collaborations with such institutions.

Encouraging academic institutions to engage on a much larger scale with the industry, he asked students to take up internships with both the public sector and private players. Speaking of the opportunities offered by online education, and called for more exploration into online and hybrid modes of education.

Referring to India's ambitious programmes like the PM GatiShakti National Master Plan for infrastructure and multimodal connectivity, he said that there was a need for planned, focussed efforts to create infrastructure in the country by breaking silos and bringing in synergy. "There is a need to bring in quality and productivity in all we do. A ‘Made in India’ product must be a guarantee to the world", he added.

Observing that contemporary India was confident & yet dissatisfied, he said that dissatisfied, confident people are the ones who would change the world. He urged fellow Indians to never settle for less and to work together to make India a global leader.

On the occasion, he presented several awards for excellence to graduating students.

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