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Union Minister of Commerce and Industry Piyush Goyal said that India and the European Union are moving steadily toward finalizing a “win-win” Free Trade Agreement (FTA), describing it as a “two-way opportunity” that would strengthen economic and strategic ties between the two regions.

During his October 2025 visit to Brussels, Goyal held extensive discussions with European leaders, including EU Commissioner for Trade and Economic Security Maroš Šefčovič. The minister said the proposed trade pact is built on complementarity—Europe’s technological and innovation strengths on one hand, and India’s expanding market and manufacturing base on the other.

“We are working for a two-way opportunity for India and Europe,” Goyal said, addi

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