Sitharaman meets European Parliament trade panel to strengthen India-EU economic ties

New Delhi (India), October 29 (ANI): Union Minister of Finance and Corporate Affairs Nirmala Sitharaman on Wednesday met the Committee on International Trade Affairs (INTA) of the European Parliament in New Delhi, focusing on strengthening trade and investment relations between India and the EU.
The meeting aimed to deepen cooperation between the two sides and explore new opportunities for mutual economic growth.
According to information shared by the Ministry of Finance on X, during the meeting, the two sides discussed ways to strengthen business partnerships and attract investments to support long-term economic stability.

“Union Minister of Finance and Corporate Affairs, Smt. @nsitharaman, today met the #INTA Committee on International Trade Affairs of the European Parliament @Europarl_EN, in New Delhi. The discussion with the delegation focused on strengthening trade and investment ties between India and the EU, with both sides looking forward to deeper and mutually beneficial cooperation,” the ministry said.
The meeting also highlighted India’s efforts to expand its trade relations beyond its traditional partners. As part of this broader economic vision, India and the EU have been working towards closer collaboration in areas such as technology, manufacturing and sustainable development.
Earlier, Union Minister for Commerce and Industry Piyush Goyal also visited Brussels from October 26-28 and held productive and meaningful interactions with Maros Sefcovic, European Commissioner for Trade and Economic Security, and his team on outstanding issues related to the ongoing India-EU FTA negotiations.
The engagement focused on achieving a “mutually beneficial, balanced and fair trade agreement, reflecting the depth of political trust and strategic ties between India and the European Union”, while respecting each other’s sensitivities and priorities.
“Both sides reaffirmed their joint commitment to conclude the India-EU FTA by the end of 2025, following the clear instructions of Prime Minister Narendra Modi and European Commission President Ursula von der Leyen during the visit of the College of Commissioners to New Delhi in February 2025,” the Ministry of Trade and Industry said in a press release. (ANI)