Piyush Goyal Reaffirms India's Commitment to Rules-Based Trade with EU Amid FTA Talks

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News18•09-01-2026, 19:45
Piyush Goyal Reaffirms India's Commitment to Rules-Based Trade with EU Amid FTA Talks
- •Union Minister Piyush Goyal reaffirmed India's commitment to a "mutually beneficial" and "rules-based" trading framework with the EU.
- •Discussions were held with EU Commissioner Maroš Šefčovič in Brussels, focusing on finalizing the India-EU Free Trade Agreement (FTA).
- •Goyal emphasized that the FTA aims to protect farmers and MSMEs while integrating Indian industries into global supply chains.
- •India has successfully concluded three FTAs in 2025 with New Zealand, Russia, and Oman to diversify exports and reduce dependency.
- •India is emerging as a preferred partner for trade and economic cooperation, expanding its global economic footprint.
Why It Matters: Piyush Goyal reiterated India's dedication to a fair, rules-based trade framework with the EU for a beneficial FTA.
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