Summary:

During the G7 Trade Ministers' Meeting in Italy, Union Minister of Commerce and Industry Piyush Goyal addressed the strengthening of economic connections and pursuit of free trade agreements with his EU and UK counterparts. These discussions highlighted India's proactive approach to developing global economic alliances and improving trade connections, emphasizing collaboration for economic cooperation.

Topics discussed included the G20 Generic Framework for Mapping GVCs, IPEF association, trilateral SCRI, and India-EU TTC. Strategic partnerships with the United States, the Gulf Cooperation Council, and the European Union were emphasized, as well as efforts like the India Middle East-Europe Economic Corridor. Goyal emphasized global supply chain resilience through public-private partnerships, infrastructure investments, innovation, and regulatory frameworks among G7 countries and partners.

Source: IBEF 

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