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Malaysia Sun
8 hours ago
- Business
- Malaysia Sun
Piyush Goyal's statement on India ASEAN Trade is unwarranted, says former Union Minister Anand Sharma
ANI 20 Jun 2025, 15:09 GMT+10 New Delhi [India], June 20 (ANI): Former Union Commerce & Industry Minister of India, Anand Sharma, on Friday said in a statement that the statement by Commerce Minister Piyush Goyal on 'belittling India ASEAN Trade Agreements is unwarranted, ill-advised and unfortunate.' Anand Sharma believes that both India and ASEAN has been together for three decades engaged in a multifaceted relationship which is mutually rewarding and the Association of Southeast Asian Nations, is a regional bloc of ten Southeast Asian countries. Formed in 1967, its primary goals are to foster economic growth, social progress, and cultural development, while also promoting regional peace and further believes that this relationship is important for 'Look East policy to deepen and diversify India's relations with a region that is economically vibrant and of enormous geo-strategic importance for engagement with the Asia-Pacific region.''Piyush Goyal's statement terming the Trade agreement with ASEAN as silly and labelling these counties as B team of China is irresponsible and insulting. He has forgotten, that President of Indonesia Prabowo Subianto was the chief guest for 2025 Republic Day Parade,' Anand Sharma said. The former Union Minster in his statement also emphasized that, 'trade in goods with ASEAN counties also includes essential imports: Iron ore and Coal from Indonesia, Palm oil from Malaysia and Indonesia, Oil - Petroleum products from Brunei Dares Salam and Malaysia and pulses from Mayanmar.''It needs mention that ASEAN is India's 4th largest trading partner accounting for over 11% of India's total global trade with bilateral trade at 120billion USD and accounts for over 11% of India's Exports. FDI inflows from ASEAN to India account for over 18% of total FDI inflows since 2000,' he further about the Commerce Minister, he also said that, 'Commerce Minister should be prioritising strengthening trade relations with partner countries and not insulting them while bending backwards to negotiate a suboptimal trade agreement with USA on its terms.' (ANI)
India Gazette
14 hours ago
- Business
- India Gazette
Piyush Goyal's statement on India ASEAN Trade is unwarranted, says former Union Minister Anand Sharma
ANI 20 Jun 2025, 15:09 GMT+10 New Delhi [India], June 20 (ANI): Former Union Commerce & Industry Minister of India, Anand Sharma, on Friday said in a statement that the statement by Commerce Minister Piyush Goyal on 'belittling India ASEAN Trade Agreements is unwarranted, ill-advised and unfortunate.' Anand Sharma believes that both India and ASEAN has been together for three decades engaged in a multifaceted relationship which is mutually rewarding and the Association of Southeast Asian Nations, is a regional bloc of ten Southeast Asian countries. Formed in 1967, its primary goals are to foster economic growth, social progress, and cultural development, while also promoting regional peace and further believes that this relationship is important for 'Look East policy to deepen and diversify India's relations with a region that is economically vibrant and of enormous geo-strategic importance for engagement with the Asia-Pacific region.''Piyush Goyal's statement terming the Trade agreement with ASEAN as silly and labelling these counties as B team of China is irresponsible and insulting. He has forgotten, that President of Indonesia Prabowo Subianto was the chief guest for 2025 Republic Day Parade,' Anand Sharma said. The former Union Minster in his statement also emphasized that, 'trade in goods with ASEAN counties also includes essential imports: Iron ore and Coal from Indonesia, Palm oil from Malaysia and Indonesia, Oil - Petroleum products from Brunei Dares Salam and Malaysia and pulses from Mayanmar.''It needs mention that ASEAN is India's 4th largest trading partner accounting for over 11% of India's total global trade with bilateral trade at 120billion USD and accounts for over 11% of India's Exports. FDI inflows from ASEAN to India account for over 18% of total FDI inflows since 2000,' he further about the Commerce Minister, he also said that, 'Commerce Minister should be prioritising strengthening trade relations with partner countries and not insulting them while bending backwards to negotiate a suboptimal trade agreement with USA on its terms.' (ANI)
Economic Times
27-04-2025
- Politics
- Economic Times
Minister Piyush Goyal warns builders, officials over delays in Mumbai redevelopment projects
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Union Commerce & Industry Minister Piyush Goyal has issued a stern warning that builders and officials causing delays or disruptions in redevelopment projects in the country's financial capital Mumbai will face stringent consequences, including blacklisting and potential imprisonment.'True development is not just about GDP figures. It begins with ensuring every citizen has a safe, permanent, and dignified home. Until the last person in society lives with security and self-respect, our work remains incomplete," he said while handing over new homes to around 150 families under a Slum Rehabilitation Authority (SRA) scheme in Mumbai's Kandivali acknowledged the timely and quality completion of this specific project by the developer but made it clear that the government will not tolerate negligence, corruption, or delays in SRA redevelopment.'Builders who abandon projects, stop rent payments, or deliver substandard work will be blacklisted. In severe cases, they may face imprisonment. I also demand action against government officials who collude with such builders," he further insisted that beneficiaries must have the right to choose their developer, with no political or administrative interference, and that the SRA process must be fully transparent. He stressed the importance of maintaining fairness and transparency in ensuring that the projects meet their intended goals.'In the next five years, 3 crore families will receive free pucca homes. No Indian should be left behind in the journey to a developed and self-reliant nation," the minister said while reiterating the government's commitment to housing for all
Time of India
27-04-2025
- Politics
- Time of India
Minister Piyush Goyal warns builders, officials over delays in Mumbai redevelopment projects
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Union Commerce & Industry Minister Piyush Goyal has issued a stern warning that builders and officials causing delays or disruptions in redevelopment projects in the country's financial capital Mumbai will face stringent consequences, including blacklisting and potential imprisonment.'True development is not just about GDP figures. It begins with ensuring every citizen has a safe, permanent, and dignified home. Until the last person in society lives with security and self-respect, our work remains incomplete," he said while handing over new homes to around 150 families under a Slum Rehabilitation Authority (SRA) scheme in Mumbai's Kandivali acknowledged the timely and quality completion of this specific project by the developer but made it clear that the government will not tolerate negligence, corruption, or delays in SRA redevelopment.'Builders who abandon projects, stop rent payments, or deliver substandard work will be blacklisted. In severe cases, they may face imprisonment. I also demand action against government officials who collude with such builders," he further insisted that beneficiaries must have the right to choose their developer, with no political or administrative interference, and that the SRA process must be fully transparent. He stressed the importance of maintaining fairness and transparency in ensuring that the projects meet their intended goals.'In the next five years, 3 crore families will receive free pucca homes. No Indian should be left behind in the journey to a developed and self-reliant nation," the minister said while reiterating the government's commitment to housing for all
