Stories
Goyal Boosts India's Trade Diplomacy at G20, Eyes Major Deals
- •Commerce Minister Piyush Goyal held bilaterals at the G20 Trade Ministers' Meeting in Milwaukee, pushing for trade agreements and market access.
- •Discussions with Canadian International Trade Minister Maninder Sidhu focused on the India-Canada CEPA, aiming for USD 50 billion bilateral trade by 2030.
- •Goyal met Saudi Arabia's Commerce Minister Majid bin Abdullah Al-Kassabi to advance negotiations for an India-Gulf Cooperation Council (GCC) Free Trade Agreement.
- •Talks with South Korean Trade Minister Park Jung-Sung centered on upgrading the India-Korea CEPA, focusing on balanced trade and market access for Indian products.
- •Goyal also engaged with the US, EU, Brazil, Mexico, and Poland on various trade agreements, including an interim India-US deal and the India-EU FTA.
Key Questions Answered
Commerce Minister Piyush Goyal and Canadian International Trade Minister Maninder Sidhu reviewed ongoing negotiations for the India-Canada Comprehensive Economic Partnership Agreement (CEPA) and discussed their target to reach USD 50 billion in bilateral trade by 2030.
Piyush Goyal and USTR Jamieson Greer discussed advancing the India-US Bilateral Trade Agreement (BTA) toward an early conclusion of a mutually beneficial interim agreement, alongside exchanging views on G20 deliberations.
Piyush Goyal and South Korean Trade Minister Park Jung-Sung discussed upgrading the India-Korea CEPA, focusing on balanced trade growth, improved market access for Indian agricultural, pharmaceutical, and marine products, and Korean manufacturing investments in India.
