Business Standard

May retaliate if Asean non-trade barriers persist, says Piyush Goyal

As for the fast-growing quick commerce segment, Goyal said that while the government had not studied potential violations, the industry department would examine their compliance with the law

Commerce and Industry Minister Piyush Goyal
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Commerce and Industry Minister Piyush Goyal

Shreya NandiAsit Ranjan Mishra

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India may consider taking retaliatory measures if non-trade barriers imposed by the Association of Southeast Asian Nations (Asean) are not addressed as part of the ongoing review of the trade deal, Commerce and Industry Minister Piyush Goyal said.

If they (Asean countries) give us a fair deal in terms of the review, that will help us right-size the huge trade deficit. If they don’t, then we will have to look at the non-tariff barriers imposed on us, and I will have to consider retaliatory measures,” Goyal told Business Standard in an interview.

Regarding the much-delayed e-commerce policy, the minister

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