15-May-2026
Economy News
 
Goyal calls for aligning standards, customs procedures between India and Africa to boost bilateral trade
15-May-2026

Commerce and Industry Minister Piyush Goyal on Thursday pitched for aligning standards and customs procedures between India and Africa to boost bilateral trade. He also said that the African Continental Free Trade Area (AfCFTA), valued at nearly USD 3.4 trillion, along with India's rapidly expanding USD 4 trillion economy, presents immense opportunities to create resilient partnerships, diversify supply chains, and move beyond raw material trade towards higher-value manufacturing and integrated value chains.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/goyal-calls-for-aligning-standards-customs-procedures-between-india-and-africa-to-boost-bilateral-trade/articleshow/131098738.cms
 
 
 

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