The minister will be in Europe to participate in the Berlin Global Dialogue, which will be held from October 23 to 25, the official said.
Next, trade negotiations with the EU will take place in Brussels. He will meet the European Commissioner for Trade, Maros Sefcovic.
Goyal’s visit follows the conclusion of the 14th round of talks between the two sides from October 6-10.
Commerce Secretary Rajesh Agrawal also held discussions with European Commission (EC) Director-General for Trade (DG-Trade), Sabine Weyand, in Brussels.
Engagements between the two sides intensified as they decided to conclude negotiations by December. After his Europe visit, Goyal will visit New Zealand. The two countries launched negotiations on a free trade agreement in March and have held three rounds of negotiations on it. In June 2022, India and the European bloc resumed negotiations for a comprehensive FTA, an agreement on investment protection and a pact on geographical indications after a gap of more than eight years. It was blocked in 2013 due to differences in the level of market opening.
India’s bilateral merchandise trade with the EU stood at $136.53 billion in 2024-25 ($75.85 billion in exports and $60.68 billion in imports), making it the largest merchandise trading partner.
The EU market accounts for about 17 percent of India’s total exports, and the bloc’s exports to India constitute 9 percent of its total overseas shipments.
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