New Delhi, Feb. 20 -- Union Commerce and Industry Minister Piyush Goyal, on Friday, said 70 per cent of the global GDP and two-thirds of global trade are today open to India.

Speaking on the recent developments in the trade sector that India has witnessed, Goyal said, "Ultimately, if you see, 70 per cent of the global GDP and two-thirds of global trade is today open to India. In the nine Free Trade Agreements (FTAs) that we have finalized including the first tranche of the BTA with USA. We have got preferential access across sectors, across geographies and continents in 38 highly developed economies."

"This week has set the stage for a very bright future for India. Coupled with our own effort in the Ministry of Commerce to open the door...