2 hrs ago
Goyal Advances India Trade Talks With Four Countries
India’s Commerce Minister Piyush Goyal met trade ministers from four countries.
The meetings took place in Milwaukee during a G20 trade meeting.
India and France discussed making trade and investment stronger.
They also discussed an India-European Union trade agreement and cooperation in technology and manufacturing.
India and Canada reviewed talks for a trade agreement.
That agreement aims to help trade reach $50 billion by 2030.
India and Saudi Arabia discussed a trade agreement involving the Gulf Cooperation Council.
India and South Korea discussed better market access and more Korean investment in India.
Commerce Minister Piyush Goyal met trade ministers from France, Canada, Saudi Arabia and South Korea in Milwaukee.
Goyal and France’s Nicolas Forissier discussed India-EU FTA negotiations, aerospace manufacturing, UPI integration and joint innovation.
India and Canada reviewed negotiations for a Comprehensive Economic Partnership Agreement targeting $50 billion in trade by 2030.
India and Saudi Arabia discussed India-Gulf Cooperation Council FTA negotiations and expanded trade and investment ties.
Talks with South Korea covered upgrading the IKCEPA, balanced trade, market access and Korean manufacturing investment in India.
- Who
- India’s Commerce Minister Piyush Goyal and the trade ministers of France, Canada, Saudi Arabia and South Korea.
- What
- They discussed bilateral trade, investment, market access and several proposed or existing trade agreements.
- Where
- On the sidelines of the G20 Trade Ministers’ Meeting in Milwaukee.
- When
- Thursday, with the report published October 2, 2026.
- Why
- To advance trade negotiations, strengthen economic ties and expand investment and market access.
Key facts
- Indian minister
- Piyush Goyal, Commerce Minister of India
- Countries represented
- France, Canada, Saudi Arabia and South Korea
- Meeting location
- Milwaukee
- Canada trade target
- The India-Canada CEPA aims to take bilateral trade to USD 50 billion by 2030.
- France discussions
- India-EU FTA negotiations, aerospace manufacturing, UPI integration and joint innovation.
- Saudi Arabia discussions
- Progress on India-GCC FTA negotiations and stronger trade and investment ties.
- South Korea discussions
- IKCEPA upgrades, balanced trade, market access and Korean manufacturing investment in India.
Quotes
Piyush Goyal
India’s Commerce Minister
“We discussed progress on the India-Gulf Cooperation Council (GCC) FTA negotiations and explored opportunities to further strengthen trade & investment ties between our two nations.”
thehindubusinessline.com
“Building on our recent meeting in Mumbai, we reaffirmed our commitment to expediting negotiations and working towards an early conclusion of the agreement.”
thehindubusinessline.com
Sources
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