New Delhi, Nov 4 (UNI India and the European union (EU) intensified trade talks as union Minister of Commerce and Industry Piyush Goyal, held a meeting with the EU Commissioner for Trade and Economic Security, Maros Sefcovic.

The meeting focused on discussion around the progress on India-EU Free Trade Agreement (FTA) and strengthening bilateral trade and investment relations.

Taking it to social media, Goyal said, "Had a productive meeting with Maros Sefcovic, EU Commissioner for Trade and Economic Security, and C Hansen EU, Commissioner for Agriculture and Food. Discussed strengthening the India-EU trade & investment ties, advancing the FTA, and deepening cooperation across priority areas. Both sides are committed to balanced and mutually beneficial outcomes."

A senior team of negotiators from the European union is currently in New Delhi from 3 to 7 November 2025 for talks with their Indian counterparts on the proposed FTA.

The visit follows Minister Piyush Goyal's official visit to Brussels on 27-28 October 2025, where he held forward-looking discussions with Maros Sefcovic, the European Commissioner for Trade and Economic Security.



Further, the Minister of State for Commerce & Industry Jitin Prasada also held a bilateral meeting with the Minister of Foreign Affairs of Romania Oana-Silvia Țoiu in Bucharest.

The discussions focused on expanding trade, attracting investment, and strengthening resilient supply chains within the broader India–EU economic framework. During the meeting, both sides agreed to work towards the conclusion, within this year, of a fair, balanced, and mutually beneficial India–EU Free Trade Agreement (FTA), in line with the political direction set for the ongoing negotiations.

Notably, India’s exports to Romania crossed USD 1.03 billion in FY 2024–25, while overall bilateral trade reached about USD 2.98 billion in FY 2023–24. Both sides agreed to deepen supply-chain linkages in priority sectors such as petroleum products, engineering goods, pharmaceuticals, and ceramics, and to facilitate collaboration in standards, testing, and investment partnerships to enhance market access on both sides.

They also agreed to work together for the diversification of production and to build stronger, more resilient supply chains as trusted partners, ensuring stability and confidence for businesses in both nations.

UNI VK AAB