The Vidarbha Taxpayers Association (VTA), in its recently held Executive Body Meeting, unanimously welcomed the landmark Free Trade Agreement (FTA) between India and the European Union, widely being described as the “mother of all deals”. Members termed the agreement a historic and strategic step that will significantly strengthen India’s position in global trade and open vast opportunities for economic growth, exports, investments, and employment generation.
Expressing his views, Shrawan Kumar Malu, President, VTA, stated, the India–EU trade agreement is a transformational milestone for the Indian economy. It will enhance market access for Indian goods and services, promote technology transfer, and improve the global competitiveness of Indian industries. For regions like Vidarbha, this agreement can create new opportunities in agriculture, MSMEs, manufacturing, and value-added exports. We believe this deal will support sustainable growth and long-term economic stability.
Tejinder Singh Renu, Secretary, VTA, added, this agreement reflects India’s growing stature as a reliable global economic partner. Reduced trade barriers, simplified regulations, and policy cooperation will benefit businesses, taxpayers, and consumers. It is essential that the advantages of this agreement reach Tier II and Tier III cities to ensure inclusive and balanced economic development.
The VTA Executive Body expressed confidence that timely and effective implementation of the agreement will accelerate India’s journey towards becoming a global economic powerhouse. Also present in the VTA Executive Body Meeting were Hemant Trivedi – vice president, Pawan Chopra – treasurer, CA Hemant Sarda – Joint Secretary, Executive Body Members Veeru Balani, Govind Patel, Pratish Gujarathi and Narendra Pal Singh (Vicky) Osan.
👉 Click here to read the latest Gujarat news on TheLiveAhmedabad.com