<span style="color: #222222;">Union Commerce Minister Piyush Goyal today said that US withdrawal of Generalised System of Preferences will not have a significant impact on India. <br />'' <br />'' Replying to a question in the Rajya Sabha, Mr Goyal said, the country is well competent to handle the international trade situation. <br />'' <br />'' He said, Indian Industry is competitive in its export products and the government does not foresee a significant impact on the country's foreign trade.</span><br />''