Commerce Minister Piyush Goyal’s diplomatic calendar is packed with promise. On Wednesday, he revealed fruitful conversations with Liechtenstein’s Deputy PM and Foreign Minister Sabine Monaufni, aimed at fortifying economic bonds between the two nations.
Posting on social media platform X, Goyal detailed exchanges on trade expansion, innovation drives, and clean tech prospects. With the India-EFTA TEPA now operational, the focus sharpened on deepening collaborative opportunities.
‘India offers unparalleled talent, scale, and demand,’ Goyal noted, ‘while Liechtenstein contributes expertise in premium manufacturing and precision engineering.’ This complementary strengths pave the way for surging trade volumes, investments, and tech transfers.
Come October 1, the India-EFTA TEPA springs to life, uniting Switzerland, Norway, Iceland, and Liechtenstein. EFTA’s pledge of $100 billion investments over 15 years could create a million direct jobs, supercharging India’s economy.
Goyal’s Brussels itinerary underscores momentum. He’s diving into two-day negotiations to seal the India-EU FTA, a testament to evolving New Delhi-Brussels rapport.
High-stakes meetings with Commissioner Maros Sefcovic are on the cards, designed to steer talks strategically, iron out hurdles, and clinch a win-win deal swiftly.
Leaders will dissect core agreement pillars, narrowing gaps and resolving queries. This ministerial push caps a week of rigorous Brussels huddles, founded on groundwork by Commerce Secretary Rajesh Agarwal and Sabine Weyand.
In an era of geopolitical flux, these engagements position India as a trade powerhouse, unlocking European markets and fueling domestic growth through strategic alliances.
