Piyush Goyal to Represent India at G7 Trade Ministers' Meeting in Italy

Union Commerce and Industry Minister Piyush Goyal will attend the G7 Trade Ministers' Meeting outreach session in Italy on July 16-17. He will engage in bilateral meetings to promote global trade partnerships and highlight India's investment opportunities. Goyal's visit includes prior meetings in Switzerland.

Union Commerce and Industry Minister Piyush Goyal is set to participate in the outreach session of the G7 Trade Ministers' Meeting in Italy, scheduled for July 16-17, per an official statement.

During his visit, Goyal will also hold bilateral meetings with trade ministers from G7 countries and other participants, underscoring India's commitment to global trade and investment partnerships, the Ministry of Commerce & Industry announced on Saturday. These discussions aim to explore new trade and investment avenues, resolve bilateral issues, and deepen economic cooperation.

The Ministry highlighted that the visit is part of India's efforts to showcase vast trade and investment opportunities. Prior to Italy, Goyal will visit Switzerland on July 14-15 for business and official meetings.

Key discussions will focus on implementing the European Free Trade Association's (EFTA) Trade and Economic Partnership Agreement (TEPA), with investment commitments from EFTA amounting to USD 100 billion. At the G7 meeting in Reggio Calabria, Goyal will present India's vision for global trade and supply chain resilience, citing reforms to enhance business ease and attract foreign investments.

The Ministry added that participating in these high-level meetings will boost India's economic diplomacy and promote its global interests. India's rise to the world's 5th largest economy reflects its dynamic market, skilled workforce, and strategic advantages, the statement concluded. (ANI)