Today a very successful meeting took place between Sh. Piyush Goyal, Minister of Commerce of India and Helena Budliger, Secretary of State, Director of State Secretariat for Economic Affairs (SECO) in New Delhi. This meeting follows the successful conclusion of the G20 trade ministers meeting in Jaipur and underlines the commitment of both India and the European Free Trade Association (EFTA) countries to promote stronger trade and investment relations .
During the meeting, Minister Goyal and Ms Budliger had an in-depth discussion of trade and investment ties between India and the EFTA countries. The talks included a comprehensive review of progress made in the ongoing negotiations for a Trade and Economic Partnership Agreement (TEPA) between India and EFTA.
Both leaders reaffirmed their shared vision of reaching a mutually beneficial trade agreement based on the principle of reciprocity reflecting the evolving economic landscape of both India and the EFTA countries. The discussions underlined the importance of addressing key issues and concerns to create an agreement that meets the aspirations of citizens of both regions. The collaborative effort in the TEPA negotiations underscores the importance of partnership and the commitment of both sides in ensuring the success of these negotiations.
The meeting results mark a positive step forward in India-EFTA trade relations, further strengthening the long-standing friendship and cooperation between the two regions. Efforts to deepen trade and investment ties bode well for the economic growth and prosperity of both India and the EFTA countries.
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