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Held 3 meetings in 35 days with EU trade commissioner to push FTA talks: Goyal
Jun-06-2025

Commerce and Industry Minister Piyush Goyal has held three meetings within a short span of 35 days with the European Commissioner for Trade Maros Sefcovic with an aim to give an impetus to the reposed negotiations for a free trade agreement (FTA). The first and the second meetings between Goyal and Sefcovic were held on May 1, 2025 and May 23, 2025 in Brussels, while the third meeting concluded on June 2, 2025 in Paris.  

The minister said that India has already signed similar agreements with four-European nation bloc EFTA and the UK. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. Now, India is in the process of concluding the negotiations with the 27-nation bloc European Union.

Goyal also said he is working with Italy and the EU for a ‘very’ strong and mutually beneficial FTA. He said ‘we are making rapid progress on the very vibrant FTA which would open opportunities for businesses of both the sides.’ On India-Italy bilateral trade, he said it's ‘low and sub-optimal’ and both sides need to work to boost the two-way commerce. Currently it stands around $15 billion in goods. He added that huge potential is there to boost bilateral trade.


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