 "Piyush Goyal, Piyush")
Commerce and Industry Minister Piyush Goyal is likely to visit two European countries later this month with an aim to further boost trade and investment ties, an official has said.
The minister is expected to lead a business delegation to these countries, the official said.
The visit assumes significance as India signed a comprehensive free trade agreement with the four European nation bloc EFTA in March last year. It is expected to be implemented this year.
The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
The two sides signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024.
Also Read
 "Pter Magyar, Hungarian leader")
 "India-Germany, India Germany flag")
 "Marjolijn Van Deelen")
 "Xi and Pedro")
 "Piyush Goyal")
Under the pact, India has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties.
India has set up a dedicated platform EFTA desk to promote trade, investment, and business facilitation between the two regions.
On the other hand, talks are also progressing at a faster pace for a trade agreement with the 27-nation bloc European Union (EU) and the United Kingdom.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
 "Deposit interest, rate cuts")
 "US-India trade relations, US tariff reduction demands, non-tariff barriers, regulatory hurdles, US exports to India, US Chamber of Commerce, Coalition of Services Industries, Harley Davidson trade stance, USTR trade review, reciprocal tariffs April 2")
 "Inflation")
 "Trump tariff rollback, US smartphone import tariffs, India China iPhone exports, Apple iPhone assembly India, US Customs tariff exemption, India mobile exports US, China fentanyl trade tariffs, Apple Inc export markets, zero duty mobile exports India")
 "Investing into the slowdown, Industry optimism")
