Piyush Goyal and EU Trade Commissioner Maroš Šefčovič hold first in-person High Level Dialogue in Brussels
Commerce and Industry Minister Piyush Goyal and European Commissioner for Trade and Economic Security Maroš Šefčovič held a High Level Dialogue in Brussels on 18–19 January 2025, agreeing to work towards a mutually beneficial India–EU FTA.
Summary
Commerce and Industry Minister Piyush Goyal held a High Level Dialogue with Maroš Šefčovič, European Commissioner for Trade and Economic Security, in Brussels on 18–19 January 2025, their first in-person meeting after an introductory video conference in December 2024. The two agreed to build a commercially meaningful trade agenda and work towards a mutually beneficial Free Trade Agreement. Goyal outlined six principles for the India–EU partnership, describing the combined market as over $24 trillion serving 2 billion people.
Key facts
- Dates and place
- 18–19 January 2025, Brussels
- Participants
- Piyush Goyal; Maroš Šefčovič, EU Commissioner for Trade and Economic Security
- First
- First in-person meeting (after December 2024 video call)
- Outcome
- Work towards a mutually beneficial FTA
- Principles
- Six principles outlined by Goyal
- Combined market
- Over $24 trillion, 2 billion people
Practice MCQs 3 questions
With which European Commissioner did Piyush Goyal hold a High Level Dialogue in Brussels on 18–19 January 2025?
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Correct answer: B — Maroš Šefčovič
PIB 2094362: Goyal met Maroš Šefčovič, European Commissioner for Trade and Economic Security.
Consider the following statements about the Goyal–Šefčovič High Level Dialogue of January 2025: 1. It was the first in-person meeting between the two leaders. 2. It was held in New Delhi. 3. Goyal outlined six principles for an India–EU partnership. Which of the statements given above is/are correct?
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Correct answer: B — 1 and 3 only
PIB 2094362: it was their first in-person meeting and Goyal outlined six principles; the dialogue was held in Brussels, not New Delhi.
At the January 2025 India–EU High Level Dialogue, Piyush Goyal estimated the combined India–EU market at over how much?
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Correct answer: D — $24 trillion
PIB 2094362: Goyal described the combined market as currently estimated at over $24 trillion, with 2 billion people.