Commerce and Industry Minister Piyush Goyal will travel to Brussels this week for the final phase of India–EU trade talks, meeting Executive Vice-President and EU Trade Commissioner Maroš Šefčovič on January 8–9. The agenda spans market access, carbon tariffs, and duty cuts, with a brief stop in Liechtenstein on January 7.
India and the European Union are pushing to conclude their long-negotiated trade pact, with Minister Piyush Goyal slated to meet EU Trade Commissioner Maroš Šefčovič in Brussels on January 8–9 as negotiations enter the last mile. Officials say talks will target landing zones across key market-access and regulatory areas.
The deal’s scope reportedly covers 23 chapters, including carbon border measures, tariff liberalization, and services, reflecting a comprehensive framework aimed at boosting bilateral trade and investment. Goyal’s itinerary also includes a visit to Liechtenstein on January 7 to explore trade and investment opportunities, signaling parallel engagement beyond the EU’s core institutions.
Stakeholders expect clarity on timelines and sequencing for tariff cuts, sustainability provisions, and dispute mechanisms, with officials emphasizing the need to balance competitiveness with climate-linked obligations.
Notable updates and major takeaways
Brussels meetings: Jan 8–9 with EU Trade Commissioner Maroš Šefčovič
Scope: 23 chapters spanning tariffs, carbon measures, services
Parallel outreach: Jan 7 visit to Liechtenstein on trade and investments
Negotiation status: Talks in the final phase with landing zones in sight
Next steps: Timelines for implementation, market access, and safeguards
Conclusion
With political will converging and the agenda crystallized, the India–EU trade pact is nearing a decisive moment. Final compromises on tariffs, sustainability, and services could unlock a durable framework for growth and resilience in 2026 and beyond.
Sources: Firstpost, The Economic TimesThe Economic Times, Rediff Moneynews