During a busy week in Berlin, India’s Commerce Minister Piyush Goyal met with EU Commissioner V Dombrovskis to push the India‑EU Free Trade Agreement closer to a deal. The aim is to finish negotiations before the year‑end deadline and open the door to more balanced, mutually beneficial trade.
On Thursday, Goyal struck up a friendly lunch conversation with Dombrovskis. He praised the progress the two sides have made and reaffirmed their joint commitment to ironing out the remaining issues. Goyal posted the meeting highlights on X, noting that the talks “delighted” both parties and set the stage for a final agreement by year‑end.
After the lunch, Goyal expanded his outreach to Europe’s top business leaders. He met with Rene Obermann, Chairman of Airbus’ Board, and said the aircraft maker sees India as a key partner because of the country’s engineering talent, future‑looking policies and a smoother business environment. Airbus plans to deepen its Indian ties, the minister added.
Bank of America’s International President, Bernard Mensah, joined Goyal in a discussion about boosting India‑US financial ties. They explored ways to expand investment and highlighted how India’s ongoing reforms and supportive policies are building investor confidence.
Goyal also sat down with ABB Group CEO Morten Wierod to talk about the opportunities in India’s fast‑growing manufacturing, infrastructure, and clean‑energy sectors. He urged ABB to take advantage of India’s digitalisation and engineering capabilities.
Later, the minister spoke with German CEOs at the Business Leaders’ Roundtable. He spotlighted India’s solid reforms agenda and the wide range of opportunities across sectors, emphasizing that the country’s supportive policy ecosystem—focused on innovation and entrepreneurship—continues to make India a top destination for global investors.
These meetings underscore India’s push to secure a comprehensive trade deal with the EU while strengthening ties with major European firms. The talks signal a growing confidence that India’s vibrant economy will be a key partner in Europe’s trade and investment network.
Source: ianslive
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