PIYUSH GOYAL US VISIT
Piyush Goyal takes India investment pitch to AIA, MetLife, IBM and General Atlantic
Commerce Minister Piyush Goyal promoted India as an investment destination during meetings with leading global firms. He highlighted the country's regulatory reforms and demand for services, especially in the insurance sector. Goyal met with executives from AIA Group, MetLife, General Atlantic, and IBM to discuss growth opportunities. He emphasized the importance of India's technology talent pool for future collaborations.
Piyush Goyal steps up US outreach, pitches India to global investors for deeper investment ties
Union Commerce and Industry Minister Piyush Goyal held meetings with top executives from prominent investment firms and consumer companies. He discussed investment opportunities and partnerships with Blackstone, Neuberger Berman, and The Estee Lauder Companies. The discussions included India's manufacturing, sourcing, and its growing beauty and personal care market. Goyal's engagement aimed to strengthen investment linkages and explore further business opportunities.
Commerce Minister Piyush Goyal meets US corporate leaders to push India investment opportunities
During his visit to the United States, Piyush Goyal held meetings with executives from several major American companies. The discussions focused on expanding investment and manufacturing opportunities within India under the Make in India initiative. Goyal highlighted the rising potential of India's consumer market as a strong base for global brands.
India goes FTA shopping at G20 as Piyush Goyal works the room with a cart full of trade deals
India's Commerce Minister Piyush Goyal is actively engaged in negotiations for several trade agreements at the G20 meeting. Talks with the US include an interim pact and finalizing issues for a broader agreement. Discussions with Canada aim to conclude a Comprehensive Economic Partnership Agreement by the end of 2026. Existing trade agreements with the UK and Australia are also under review for their implementation and effectiveness.
Piyush Goyal calls for WTO-compliant approach to correcting global trade distortions at G20 Trade Ministers' Meet
Union Minister of Commerce and Industry Piyush Goyal called for a World Trade Organization-compliant approach to tackle trade distortions and excess capacity during the concluding day of the G20 Trade Ministers' Meeting in Milwaukee, Wisconsin.
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Canadian minister to lead 300-member Trade Mission to India this month
Canada's Trade Minister Maninder Sidhu is leading a business delegation of 300 to India this month. This mission aims to explore various sectors for trade opportunities and strengthen bilateral relations. Negotiations for the Comprehensive Economic Partnership Agreement between India and Canada will resume soon. Both countries aim to increase bilateral trade to CAD 70 billion by 2030. Recent discussions show commitment to expediting these negotiations and reaching a conclusion soon.
Piyush Goyal at G20: India has no ‘structural excess capacity’, rejects dumping concerns based on broad country-wide assumptions
India does not have structural excess manufacturing capacity in sectors flagged by the G20 presidency, Commerce Minister Piyush Goyal said, rejecting broad assumptions that could trigger trade measures. He called for border action to rely on specific, verifiable evidence and comply with WTO rules, while defending India’s manufacturing expansion.
Just do it: Piyush Goyal's message to Nike on investment in India
Commerce Minister Piyush Goyal met with Nike executives in Milwaukee during the G20 Trade Ministers' Meeting. He encouraged them to enhance investments in India's growth story and local sourcing initiatives. Goyal emphasized the importance of deepening Nike's presence in the Indian market and expanding manufacturing opportunities. The discussions also focused on improving the broader sports ecosystem in India.
Goyal at G20: India opposes making MFN conditional on WTO obligations
Union Minister Piyush Goyal represented India at the G20 Trade Ministers' Meeting, emphasizing the importance of the Most-Favoured-Nation principle. He stated that equal trading terms are essential for both large and small traders. Goyal expressed India's commitment to addressing trade distortions through WTO-compliant measures and preserving developing countries' policy space for industrialization. India's position on forced labor in global supply chains was reiterated during the discussions.
Piyush Goyal says India does not have structural excess manufacturing capacity
Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand. Speaking at the G20 Trade Ministers' Meeting in the US, Goyal also stressed WTO rules, supply-chain diversification, forced labour concerns and the need to preserve policy space for developing economies.
India, Australia aim to expedite CECA, review ECTA progress to maximize duty-free access for Indian exporters
India and Australia are looking to accelerate negotiations on their Comprehensive Economic Cooperation Agreement, with Commerce Minister Piyush Goyal and Australian Trade Minister Don Farrell discussing cooperation in pharmaceuticals, services, investment, agri-tech and critical minerals. The two sides also reviewed implementation of their existing ECTA and are working towards a bilateral investment treaty.
India-US trade deal 'not imminent' as 'sticking points' stay, USTR Greer says
US Trade Representative Jamieson Greer said the Trump administration is working with India to finalise a bilateral trade deal, but an agreement is not imminent. Greer said he had a “very constructive conversation” with Commerce Minister Piyush Goyal at the G20 trade ministers meeting and that officials remain engaged.
India-Canada trade target: $70 billion in five years as CEPA talks speed up
Canada and India are targeting an increase in bilateral trade, aspiring to reach USD 70 billion in five years. Ongoing negotiations for a Comprehensive Economic Partnership Agreement are expected to conclude soon. Recently, the fifth round of negotiations is planned to take place in Ottawa on October 5. Both nations have emphasized the importance of collaboration in energy and critical minerals for economic growth.
Piyush Goyal, US trade envoy Greer discuss early conclusion of India-US interim trade deal
Commerce Minister Piyush Goyal held a “productive discussion” with US Trade Representative Jamieson Greer on early conclusion of a mutually beneficial interim trade agreement between India and the US. The meeting came alongside PM Narendra Modi’s conversation with President Donald Trump and Goyal’s participation in the G20 trade ministers’ meeting.
India's motor car exports witnessing healthy growth in EFTA market: Piyush Goyal
India's exports of motor cars and heavy waters have seen significant growth since the trade agreement implementation. The trade and economic partnership agreement with EFTA has created market access for the majority of India's exports. The EFTA countries have committed to invest USD 100 billion in India over 15 years.
Piyush Goyal meets EU Trade Commissioner, discusses progress on signing FTA
In a significant meeting, Commerce Minister Piyush Goyal engaged with European Trade Commissioner Maros Sefcovic to review the status of the India-EU Free Trade Agreement. Following discussions at the G20 Trade Ministers' gathering, they emphasized the anticipated signing of this agreement by year-end, which seeks to boost market access and diminish trade barriers, facilitating yearly trade exceeding 180 billion euros between India and the EU.
Piyush Goyal calls for clear distinction between food supply ‘weaponisation’ and food-security measures
Piyush Goyal addressed the G20 Trade Ministers' meeting, focusing on the distinction in food supply chain strategies. He emphasized the need to differentiate coercive actions from legitimate food security measures. US Trade Representative Jamieson Greer discussed the implications of food weaponization and structural excess capacity in global markets. Greer also highlighted concerns about the Most-Favored-Nation principle and forced labor impacting trade fairness.
India-US trade deal: Productive discussion with USTR Greer on early conclusion of interim agreement, says Piyush Goyal
Commerce Minister Piyush Goyal engaged in talks with US Trade Representative Jamieson Greer for a trade agreement. Their discussion occurred during the G-20 Trade Ministers' meeting in Milwaukee, where they addressed bilateral trade issues. Prime Minister Narendra Modi also spoke with the US President to discuss cooperation in various sectors. The trade pact is anticipated to progress once India is provided with competitive advantages in the US market.
US Trade Representative Greer jokes Piyush Goyal is 'trade minister for life' as G20 trade talks open in Milwaukee
US Trade Representative Jamieson Greer opened a two-day G20 trade ministers' meeting in Milwaukee addressing key issues. During the event, Greer emphasized the need to rethink global trade governance and identified four pressing priorities. Union Commerce and Industry Minister Piyush Goyal participated actively, promoting India's position on trade agreements alongside his counterparts. The discussions included initiatives concerning steel overcapacity, forced labour, and the Most-Favoured-Nation principle.
Commerce Minister Goyal meets USTR Greer on sidelines of G20 meet
Piyush Goyal met with Jamieson Greer in Milwaukee to advance discussions on a bilateral trade agreement. This meeting occurred during the G20 Trade Ministerial and follows a conversation between Prime Minister Narendra Modi and US President Donald Trump. Goyal expressed confidence that the trade pact will be finalized once competitive advantages are established. The negotiations are influenced by changes in the US tariff landscape affecting various Asian competitors.
Commerce minister Piyush Goyal woos American companies to co-invest in advanced manufacturing
Commerce and industry minister Piyush Goyal invited American manufacturers to expand in India and partner with Indian SMEs, highlighting opportunities in advanced manufacturing, technology, innovation and resilient supply chains.
US to factor trade-deal tariff caps into new duties on excess capacity
US Trade Representative Jamieson Greer emphasized the administration's focus on tariff caps during ongoing investigations. Excess industrial capacity, especially in China, remains a key concern for the US government. Greer indicated that trade agreements play a significant role in managing these issues effectively. The Group of 20 is also addressing China's production policies and seeking reforms through collaboration.
India-UAE trade in rupees, dirhams enters double digits: Piyush Goyal
Trade between India and the UAE settled in local currencies has reached double digits, Commerce and Industry Minister Piyush Goyal said Monday. Bilateral trade is also nearing pre-war levels and is expected to recover in coming months. Goyal said businesses are increasingly recognising the benefits of rupee-dirham settlements amid geopolitical disruptions.
Commerce minister Piyush Goyal to visit US for trade talks, G20 ministers’ meeting
Commerce and Industry Minister Piyush Goyal will visit the US from September 29 to October 5 for the G20 Trade Ministers’ meeting and talks with US Trade Representative Jamieson Greer on the India-US bilateral trade agreement.
Piyush Goyal to visit US from Sept 29 to Oct 5, attend G20 Trade Ministers meeting
Commerce and Industry Minister Piyush Goyal will visit the United States from September 29 to October 5 and participate in the G20 Trade Ministers meeting, the Commerce Ministry said. The visit comes as India continues engagement with the US on trade and economic issues, with Goyal set to hold official engagements.
'India moved from manufacture for India to manufacture for the world': Piyush Goyal on 12 years of 'Make in India'
India has transitioned from manufacturing primarily for its domestic market to competing in global markets. The Make in India initiative, launched in 2014, aims to boost manufacturing capacity and attract foreign investments. Recent data reveals record foreign direct investment inflows and significant job creation through production incentives. Additionally, the focus will shift towards enhancing India's role in global production and supply chains.
US, India should intensify efforts to conclude "historic" trade deal, lower tariffs: USIBC President Atul Keshap
The US-India Business Council has urged both governments to finalize a trade agreement that reduces tariffs. Ambassador Atul Keshap emphasized that such an agreement would facilitate reciprocal trade and benefit businesses in both nations. Commerce and Industry Minister Piyush Goyal stated the trade pact is nearly finalized pending competitive advantages in the American market.
India-Canada trade deal could be sealed by year-end as PM Modi plans December visit
Canadian Prime Minister Mark Carney announced the expected visit of Prime Minister Narendra Modi to Canada in December. Both countries aim to finalize a trade deal by the end of this year. Commerce Minister Piyush Goyal noted that negotiations for the Comprehensive Economic Partnership Agreement are progressing swiftly. The next round of talks is scheduled to begin on October 5, highlighting the renewed collaboration.
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