Archive · 14 Jan 2026
Piyush Goyal Discusses Trade Talks with EU
Piyush Goyal, the Commerce and Industry Minister, had important talks with the European Union in Brussels.
They discussed making a fair trade agreement that benefits both sides.
He also visited Liechtenstein to check on a trade agreement with EFTA.
In India, he started new programs to help small businesses export more.
These programs will make it cheaper and easier for small businesses to get loans and sell their products abroad.
This will help them grow and explore new markets.
Piyush Goyal held productive trade talks with the EU in Brussels, emphasizing a fair and balanced FTA.
He visited Liechtenstein to review the India–EFTA Trade and Economic Partnership Agreement.
Two key interventions under the NIRYAT PROTSAHAN scheme were launched to support MSME exports.
The first intervention provides interest subvention for pre- and post-shipment export credit.
The second intervention offers collateral support for export credit, improving access to bank finance for MSMEs.
- Who
- Commerce and Industry Minister Piyush Goyal
- What
- Discussed trade talks with the EU and launched export promotion initiatives
- When
- Tuesday (specific date not mentioned)
- Where
- Brussels, Belgium and New Delhi, India
- Why
- To strengthen trade relations and support MSME exports
- Minister
- Piyush Goyal
- Location
- Brussels, Belgium
- Trade Partner
- European Union (EU)
- Agreement Type
- Free Trade Agreement (FTA)
- Key Interventions
- Interest subvention, collateral support for export credit
- Base Interest Subvention
- 2.75%
- Guarantee Coverage for Micro and Small Exporters
- 85%
- Guarantee Coverage for Medium Exporters
- 65%
