India has requested Japan, S Korea to review FTAs: Goyal

Commerce Minister Piyush Goyal on Wednesday said that South Korea and Japan have been requested to review their respective Free Trade Agreements (FTAs) with India.

According to the Minister, the FTAs should be reviewed as the present import-export position has changed since the time India entered into these agreements.

The development comes just after India and the Association of Southeast Asian Nations decided to review their FTA.

On the proposed Regional Comprehensive Economic Partnership (RCEP), Goyal said that negotiations for the deal are going on and that the government will make sure that India's interests are protected.IANS