SF Prep Notes

Piyush Goyal meets Belgian leaders in Brussels; India and EU aim to conclude FTA by end of 2025

Commerce and Industry Minister Piyush Goyal met Belgium's Theo Francken and Flanders' Matthias Diependaele in Brussels on 2 May 2025, as India and the EU reaffirmed their aim to conclude the FTA by the end of 2025.

Summary

Union Commerce and Industry Minister Piyush Goyal met Belgian Minister of Defence and Foreign Trade Theo Francken and Minister-President of Flanders Matthias Diependaele in Brussels on 2 May 2025. The meeting followed the March 2025 visit to India of Princess Astrid of Belgium, who led an over 300-member Belgian Economic Mission. Belgium is India's 5th largest trading partner in the EU, with bilateral trade of US$15.07 billion in 2023–24. In a separate dialogue, Goyal and European Commissioner for Trade and Economic Security Maroš Šefčovič reaffirmed their resolve to conclude the India–EU Free Trade Agreement by the end of 2025, with the next round scheduled for 12–16 May 2025 in New Delhi.

Key facts

Date
2 May 2025, Brussels
Belgian side
Theo Francken (Defence and Foreign Trade); Matthias Diependaele (Flanders)
Earlier visit
Princess Astrid, March 2025, 300+ member mission
Trade
US$15.07 billion (2023–24); 5th largest EU partner
India–EU FTA
To conclude by end of 2025; next round 12–16 May 2025, New Delhi
EU Commissioner
Maroš Šefčovič

Practice MCQs 2 questions

Q1 Advanced

Piyush Goyal's meeting in Brussels on 2 May 2025 followed the March 2025 India visit of which Belgian royal, who led an over 300-member economic mission?

Show answer

Correct answer: D — Princess Astrid

It followed the March 2025 visit of HRH Princess Astrid of Belgium, who led the over 300-member Belgian Economic Mission.

Q2 Advanced

Consider the following statements: 1. Belgium is India's largest trading partner within the EU. 2. India and the EU reaffirmed their resolve to conclude the FTA by the end of 2025. Which of the statements given above is/are correct?

Show answer

Correct answer: B — 2 only

Only 2 is correct. Belgium is India's 5th largest trading partner within the EU, with trade of US$15.07 billion in 2023–24.

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