01/06/25 | 3:50 pm | France | italy | Piyush Goyal

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Piyush Goyal commences official visit to France, Italy to boost economic ties

Union Commerce and Industry Minister Piyush Goyal began his three-day official visit to France on Sunday as part of a five-day tour of France and Italy from June 1 to 5. The visit is aimed at further strengthening India’s strategic and economic partnerships with key European nations.

During his stay in France, the Minister will hold bilateral meetings with senior French officials, including Minister of Economy Eric Lombard and Trade Minister Laurent Saint-Martin. The discussions will focus on enhancing Indo-French economic ties, trade collaboration, and exploring investment opportunities in priority sectors.

As part of his engagements, Goyal will participate in the India-France Business Round Table and the India-France CEO Forum. He is expected to meet senior leadership from leading French companies such as Vicat, TotalEnergies, L’Oréal, Renault, Valeo, EDF and ATR. The forums aim to deepen industry-level cooperation and foster greater dialogue between businesses from both countries.

Speaking ahead of the visit, Goyal said, “France is a longstanding partner in India’s growth journey. This visit is an opportunity to reinforce our economic collaboration, encourage two-way investments, and support innovation-led partnerships.”

The Minister will also represent India at the informal gathering of World Trade Organization (WTO) Ministers, held on the sidelines of the OECD Ministerial Council Meeting in Paris. He will articulate India’s views on key global trade issues, including reform of the multilateral trading system and inclusive growth.

Goyal will hold a series of bilateral meetings with international counterparts during the visit. These include the UK Secretary of State for Business and Trade Jonathan Reynolds, Singapore’s Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, and Saudi Arabia’s Minister of Commerce Dr. Majid bin Abdullah Al-Kasabi.

The Minister will also meet Israel’s Minister for Trade and Investment Nir Barkat, Nigeria’s Minister for Trade, Industry and Investment Dr. Jumoke Oduwole OON, and Brazil’s Foreign Minister Mr. Mauro Luis Iecker Vieira. These interactions are expected to advance India’s global trade outreach and provide momentum to the ongoing India-EU Free Trade Agreement negotiations.

In addition, Goyal will engage with senior EU officials, including European Commissioner for Trade and Economic Security Maroš Šefčovič and Agriculture Commissioner Christophe Hansen. The talks will focus on boosting India-EU cooperation in trade, technology, and agriculture.

Goyal will continue the second leg of his visit in Italy from June 3, where further engagements with industry leaders and government officials are scheduled.

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