New Delhi— Union Commerce and Industry Minister Piyush Goyal began a five-day official visit to Switzerland and Sweden on Monday, aimed at boosting India’s trade and economic partnerships with key European nations.
According to the Ministry of Commerce and Industry, the visit reaffirms India’s commitment to strengthening strategic economic ties and fostering resilient global growth through enhanced trade and investment cooperation.
In Switzerland, Goyal is set to hold high-level meetings with senior government officials, global CEOs, and industry leaders across sectors such as pharmaceuticals, life sciences, precision engineering, and high-tech manufacturing. He will also engage with the ICAI Zurich Chapter and address the Indian media.
A highlight of his Swiss visit includes a meeting with Federal Councillor Guy Parmelin to deepen bilateral trade and diplomatic relations. Goyal will also participate in ‘Swissmem Industry Day’ and a business roundtable with the Swiss Mechanical and Electrical (MEM) Industry, where discussions will focus on the recently signed India-EFTA Trade and Economic Partnership Agreement (TEPA).
From Switzerland, the minister will travel to Sweden, where he will co-chair the 21st Session of the Indo-Swedish Joint Commission for Economic, Industrial and Scientific Cooperation (JCEISC) alongside Swedish Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa.
Goyal will also hold bilateral talks with Dousa and Hakan Jevrell, State Secretary to the Minister of Development Cooperation and Foreign Trade, to explore new avenues for collaboration in line with India’s economic goals and global partnerships.
Key events in Sweden will include an India-Sweden Business Leaders’ roundtable and meetings with executives from companies like Ericsson, Volvo Group, IKEA, Sandvik, Alfa Laval, and SAAB, focusing on areas such as advanced manufacturing, innovation, and green technology.
The visit will also include interactions with the Indian diaspora and media engagements to reinforce people-to-people ties and highlight India’s vision for deeper cooperation with Europe.
According to the ministry, this tour is a strategic step toward translating high-level commitments into meaningful economic outcomes, promoting innovation, sustainability, and inclusive growth across borders. (Source: IANS)
