From the Eiffel to Espresso: Minister Piyush Goyal’s European Tour Brews New Business Opportunities

22nd India–Italy Joint Commission for Economic Cooperation (JCEC):

• Goyal will co-chair the JCEC meeting in Rome with Italy's Deputy Prime Minister and Foreign Minister Antonio Tajani.
• The summit will take account of the progress made and establish new goals for collaboration in Industry 4.0, agritech, digitalization, energy transition, sustainable mobility, and the India-Middle East-Europe Economic Corridor (IMEC).
• This is a follow-up to the India–Italy Joint Strategic Action Plan (JSAP) 2025–2029, which prioritized economic cooperation as a major pillar of importance.

• Goyal is heading a high-level Indian business delegation to the India-Italy Growth Forum in Brescia, the industrial capital of Italy.
• The forum aims to trigger business-to-business linkages, promote investments, and explore synergies in innovation and sustainability.

• In France, Goyal held bilateral meetings with important ministers and top management of companies such as L'Oréal, Renault, and Total Energies.
• There were talks of strengthening trade, investment, and technological relationships and advancing India-EU Free Trade Agreement (FTA) negotiations.

• The visits bear witness to a common political determination of European partners and India to establish strong, inclusive, and innovative economic relations.
• The interactions are anticipated to drive industrial transformation and global economic stability alongside the vision of leadership of the two regions.

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