Piyush Goyal to Visit Brussels for Key India-EU FTA Talks
ECONOMY & POLICY

Piyush Goyal to Visit Brussels for Key India-EU FTA Talks

Union Minister of Commerce and Industry Piyush Goyal will visit Brussels on January 8–9, 2026, for high-level discussions aimed at advancing negotiations on the long-pending India-European Union Free Trade Agreement (FTA). The visit reflects intensified diplomatic and technical engagement between New Delhi and Brussels as both sides seek to accelerate efforts towards concluding a comprehensive trade pact.

India-EU FTA negotiations were formally re-launched in June 2022 after a gap of more than nine years, signalling renewed political intent to deepen economic ties. Since then, the two partners have completed 14 rounds of negotiations, supported by several ministerial-level interactions, with the most recent engagement taking place in December 2025.

The European Union remains India’s largest trading partner and a major source of foreign investment. Bilateral trade in goods saw notable growth during the 2024–25 financial year, underscoring the economic relevance of the proposed agreement. The FTA is being positioned not merely as a tariff-reduction exercise, but as a broad-based partnership aligned with contemporary global trade dynamics.

During the Brussels visit, Goyal will hold discussions with Maroš Šefčovič, Commissioner for Trade and Economic Security, European Union. The meetings are expected to provide strategic direction to negotiating teams, address unresolved issues, and inject momentum into the talks to achieve a balanced and ambitious outcome.

The ministerial engagement follows a week of intensive technical discussions in Brussels, building on deliberations held on January 6–7 between Rajesh Agrawal, Commerce Secretary, Government of India, and Sabine Weyand, Director-General for Trade, European Commission.

India is pressing for zero-duty market access for labour-intensive sectors such as textiles, leather, apparel, gems and jewellery, and handicrafts, with the objective of generating employment and delivering tangible benefits to citizens. Both sides have reiterated strong political commitment to a rules-based trade framework that protects farmers and MSMEs while integrating Indian industry into global value chains.

Union Minister of Commerce and Industry Piyush Goyal will visit Brussels on January 8–9, 2026, for high-level discussions aimed at advancing negotiations on the long-pending India-European Union Free Trade Agreement (FTA). The visit reflects intensified diplomatic and technical engagement between New Delhi and Brussels as both sides seek to accelerate efforts towards concluding a comprehensive trade pact.India-EU FTA negotiations were formally re-launched in June 2022 after a gap of more than nine years, signalling renewed political intent to deepen economic ties. Since then, the two partners have completed 14 rounds of negotiations, supported by several ministerial-level interactions, with the most recent engagement taking place in December 2025.The European Union remains India’s largest trading partner and a major source of foreign investment. Bilateral trade in goods saw notable growth during the 2024–25 financial year, underscoring the economic relevance of the proposed agreement. The FTA is being positioned not merely as a tariff-reduction exercise, but as a broad-based partnership aligned with contemporary global trade dynamics.During the Brussels visit, Goyal will hold discussions with Maroš Šefčovič, Commissioner for Trade and Economic Security, European Union. The meetings are expected to provide strategic direction to negotiating teams, address unresolved issues, and inject momentum into the talks to achieve a balanced and ambitious outcome.The ministerial engagement follows a week of intensive technical discussions in Brussels, building on deliberations held on January 6–7 between Rajesh Agrawal, Commerce Secretary, Government of India, and Sabine Weyand, Director-General for Trade, European Commission.India is pressing for zero-duty market access for labour-intensive sectors such as textiles, leather, apparel, gems and jewellery, and handicrafts, with the objective of generating employment and delivering tangible benefits to citizens. Both sides have reiterated strong political commitment to a rules-based trade framework that protects farmers and MSMEs while integrating Indian industry into global value chains.

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Real Estate

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Real Estate

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement