Piyush Goyal discusses UK, EU trade pacts at G7 meeting
Commerce and Industry Minister Piyush Goyal, at the G7 trade ministers meeting in Italy, discussed India's FTAs with the EU and UK and the India-Middle East-Europe Economic Corridor. Talks with Valdis Dombrovskis focused on India-EU trade and FTA negotiations, while discussions with Jonathan Reynolds covered deepening India-UK economic ties and resolving FTA issues before elections. Goyal met ministers from Italy, Germany, and New Zealand to strengthen supply chains amid global crises like Covid-19. Emphasis was placed on collaborations in critical sectors like minerals, semiconductors, pharmaceuticals, and green energy, as well as public-private partnerships and regulatory frameworks. The eighth round of India-EU FTA talks was held in June, with another round expected in September. Investments in critical infrastructure were also addressed.