Piyush Goyal to visit US for G20 trade talks as India eyes key FTA milestones
Indian Commerce Minister Piyush Goyal will visit the United States for a G20 trade meeting. He will hold bilateral discussions with US Trade Representative Jamieson Greer during his visit. Ongoing free trade agreement negotiations between India and the US will be discussed. The India-European Union free trade pact is expected to be signed this year.
Indian Commerce and Industry Minister Piyush Goyal is set to embark on a trip to the United States late this month to participate in the G20 trade ministerial meeting in Milwaukee. During his visit, Goyal is anticipated to hold bilateral talks with US Trade Representative Jamieson Greer. The two-day G20 ministerial event is scheduled to commence on September 30, under the 2026 US G20 presidency.
Commerce Secretary Rajesh Agarwal revealed that it is expected that during Goyal's visit, bilateral meetings between ministers will take place. He added that once arrangements are finalized, the public will be informed. Agarwal further stated that whenever bilateral meetings occur, discussions on all trade issues between India and the US, including ongoing Free Trade Agreement (FTA) negotiations and their future prospects, will be included in the agenda.
The G20 plays a pivotal role as a leading global platform for advanced and emerging economies to collaborate on international economic policy. Goyal's upcoming journey holds substantial importance as India and the US are currently negotiating a bilateral trade agreement (BTA).
In terms of the India-EU free trade pact, Agarwal stated that the agreement is progressing well and is expected to be signed before the end of the year. The European Commission has already forwarded the trade accord to the European Council for approval, enabling its official signing. Following the signing, the agreement will undergo European Parliament approval and ratification, which could take some time.
However, Agarwal expressed optimism that this process is currently the quickest occurring for signing and ratification.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Trade fragmentation could hit poor economies much harder than rich ones, WTO warns economictimes.indiatimes.com
