Union Commerce Minister Piyush Goyal on Tuesday said he had “intense but very productive” discussions with Maros Sefcovic, European Union Commissioner for Trade and Economic Security, on the India-EU Free Trade Agreement (FTA) negotiations.
Goyal met Maros Sefcovic in Brussels on Tuesday (local time).
After concluding the visit, Goyal said in an article on »
The Union minister said the discussions with the European Commissioner “have significantly narrowed down our outstanding issues and enabled us to create the framework that will help create a win-win situation for our economies.”
“The negotiations and discussions have laid the foundation for a strong and balanced agreement, which will significantly support the businesses of both parties and increase the potential for mutual growth,” Goyal said on X.
He said: “We are committed to realizing the shared vision of our leaders, Prime Minister @NarendraModi ji and EU President @VonderLeyen, for shared prosperity of our people through innovation, trade, investment and job creation. »
“The efforts of our teams have been truly commendable,” Goyal said, adding that he looks forward to welcoming back “my friend Maroš Šefčovič and the EU team again soon, as we work together to bring this dialogue to fruition.”
Goyal’s visit to Brussels
Goyal was on a two-day official visit to Brussels on October 27 and 28.
Union Minister Goyal began his visit to Brussels with a meeting with Johann Wadephul, Federal Foreign Minister of Germany, to strengthen discussions on the India-EU Free Trade Agreement (FTA).
On Monday, Goyal shared details of his meeting on »
“Our discussions focused on key areas of mutual interest and growth, reaffirming the strong strategic partnership between India and Germany and our shared commitment to an early conclusion of the India-EU FTA,” he had said.
According to the Ministry of Commerce and Industry, Goyal’s trip was aimed at providing political and strategic direction to the ongoing talks, which recently made progress in the 14th round of negotiations held earlier this month.
The visit took place against the backdrop of the India-EU partnership gaining strategic depth following the meeting between Prime Minister Narendra Modi and European Commission President Ursula von der Leyen earlier this year.
Both leaders stressed the importance of a forward-looking trade relationship that promotes prosperity, sustainability and innovation on both sides.
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