Expressing worries, the Commerce and Industry Minister Piyush Goyal has termed slowdown in global trade and investment as serious concern, as it adversely affects economic growth, development and job creation.
The Commerce and Industry Minister further called for de-escalating trade tensions and reviving confidence in the rules-based multilateral trading system. The Minister also expressed need for reciprocal market access for Indian products.
Meanwhile, the commerce ministry said the minister held a series of bilateral talks with a number of countries on the side lines of the two-day G20 Ministerial on Trade and Digital Economy in Tsukuba, Japan, on 8-9 June.