Goyal: FTAs with EU, EFTA Feasible, but India’s Concerns Must Be Addressed

Commerce Minister Piyush Goyal sees the feasibility of free trade agreements with the EU and EFTA, emphasizing the need to address India's concerns.

The agreements aim to enhance engagement in trade, investments, technology, tourism, innovation, and clean energy between India and the EU and EFTA countries.

Ongoing negotiations involve a Trade and Economic Partnership Agreement (TEPA) with EFTA states and a similar agreement with the EU, resumed in June 2022.

Goyal underscores India's unique challenges, including a population of 1.4 billion and a lower per capita income, urging understanding from EU and EFTA nations.

Nordic-Baltic nations are invited to collaborate with India in areas such as innovation, green tech, AI, and blockchain, with opportunities showcased in upcoming trade fairs.