Goyal May Visit London, Oslo & Brussels this Month for Trade Deals
In a bid to further strengthen India’s trade and investment ties with the UK, Norway, and the European Union, Union Minister Piyush Goyal is likely to embark on a five-day visit to London, Oslo, and Brussels starting from April 28. The visit is expected to focus on boosting bilateral trade and investment relations between India and these nations.
According to an official statement, Goyal’s visit to these cities is aimed at exploring new opportunities for trade and investment, as well as discussing ways to overcome the challenges faced by businesses in both countries. The trip is expected to be a significant step forward in deepening India’s economic ties with these regions.
Last year, the member states of the European Free Trade Association (EFTA) and India had signed a Trade and Economic Partnership Agreement (TEPA), which has paved the way for increased trade and investment between the two regions. The TEPA agreement aims to promote bilateral trade, increase economic cooperation, and facilitate investment between India and EFTA member states.
During his visit, Goyal is expected to hold meetings with top officials from the UK, Norway, and the European Union to discuss a range of trade and investment issues. The minister is likely to focus on issues such as market access, tariffs, and non-tariff barriers, with the aim of resolving these issues and creating a more favorable business environment for Indian companies.
Goyal’s visit to London, Oslo, and Brussels is also expected to attract attention from the business community, with several high-level meetings and seminars planned to take place during his visit. The minister is likely to interact with industry leaders, entrepreneurs, and investors from these regions, discussing ways to boost bilateral trade and investment.
One of the key areas of focus during Goyal’s visit is likely to be the UK’s departure from the European Union, commonly referred to as Brexit. India and the UK have been working closely together to address the challenges posed by Brexit, and Goyal’s visit is expected to provide an opportunity for the two countries to discuss their joint strategy for navigating the post-Brexit landscape.
Norway, which is a key player in the European market, is also expected to be a major focus area during Goyal’s visit. India and Norway have been working together to strengthen their trade ties, particularly in areas such as oil and gas, renewable energy, and education. Goyal’s visit is expected to provide an opportunity for the two countries to discuss ways to increase their bilateral trade and investment.
In addition to his meetings with business leaders and government officials, Goyal is also expected to visit several key industries and trade bodies during his visit, including the London Stock Exchange, the Federation of Indian Chambers of Commerce and Industry (FICCI), and the Confederation of Indian Industry (CII).
Overall, Goyal’s visit to London, Oslo, and Brussels is expected to be a significant step forward in deepening India’s economic ties with the UK, Norway, and the European Union. The visit is likely to focus on boosting bilateral trade and investment, as well as discussing ways to overcome the challenges faced by businesses in both countries.
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