Commerce Minister Piyush Goyal has said that India has signed preferential trade agreements with 38 developed nations over the past four years. Speaking at the Bloomberg New Economy Forum in New Delhi today, Mr Goyal said India is aiming to expand market access for Indian businesses while opening the country’s markets to global partners. He noted that India’s trade agreements covered economies with a combined GDP of around 10 trillion dollars before 2014, which has now risen to approximately 70 trillion dollars. Mr Goyal added that India is negotiating trade agreements with Canada, Mexico, Mercosur, Eurasia and several other countries. Mr Goyal stressed that India is looking for trusted partnerships.