New Delhi, Oct 24 (IANS) Commerce and Industry Minister Piyush Goyal on Friday held a discussion with European Commissioner for Economy and Productivity V Dombrovskis in Berlin on outstanding issues in the India-EU Free Trade Agreement to enable both sides reach a balanced and mutually beneficial trade deal by the end of the year.
“I am delighted to meet my friend V Dombrovskis, European Commissioner for Economy and Productivity, and Implementation and Simplification, over lunch in Berlin. We discussed the significant progress in the India-EU Free Trade Agreement negotiations and our commitment to resolving outstanding issues for a balanced and mutually beneficial trade deal,” Goyal said in an article on X.
He also met with senior officials of major European companies, such as aircraft manufacturing giant Airbus, ABB and Bank of America, on investment opportunities and their expansion plans in the fast-growing Indian economy.
“Wonderful meeting with René Obermann, Chairman of the Board of Directors of Airbus. Glad to hear his confidence in India’s growth story. We discussed how Airbus plans to further strengthen its partnership with India by leveraging the country’s remarkable engineering and technology talent, forward-looking policy initiatives and improving the ease of doing business,” the minister wrote on X.
Goyal also said, “I met Bernard Mensah, Chairman of the International Department of Bank of America. He discussed ways to deepen financial cooperation between India and the United States, expand investments and how ongoing reforms and a conducive business environment are strengthening investor confidence in India.”
In another meeting with ABB Group CEO Morten Wierod, the minister explained how India’s rapid progress in manufacturing, infrastructure and clean energy presents vast opportunities for the group. He urged the company to deepen its partnership with India’s growth by leveraging its expertise in engineering and digitalization.
Goyal also met German CEOs at the Business Leaders’ Roundtable in Berlin.
“He highlighted India’s strong reform agenda, vast opportunities and future potential across all sectors. He reiterated how our supportive policy ecosystem, fostering innovation and entrepreneurship, continues to make the country one of the most attractive investment destinations in the world,” the minister added.
(Disclaimer: This report was published as part of the union’s auto-generated thread. Other than the title, no changes have been made to the copy by ABP Live.)
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