Goyal Meets Finland, Swiss PMs to Boost Trade & Tech Ties

Union Minister Piyush Goyal met with Finnish Prime Minister Petteri Orpo to discuss leveraging the India-EU Trade Deal for collaboration in services, technology, and green energy. In a separate meeting, he engaged with Swiss President Guy Parmelin, reaffirming commitment to deepen economic partnership under the India-EFTA agreement. Both sides acknowledged the need to balance AI innovation with responsibility, seeing the trade pacts as a platform for technology collaboration. Goyal highlighted India's economic scale and reform momentum, inviting Swiss investment in niche tech sectors and promoting cooperation in pharmaceuticals.

Key Points: Piyush Goyal Meets Finland, Swiss PMs on Trade Deals

  • India-EU trade deal opportunities
  • Tech & green energy collaboration
  • Deepening India-Swiss economic ties
  • AI innovation with responsibility
2 min read

Piyush Goyal meets with Finland PM, Swiss Confederation PM to discuss furtherance of trade ties

Commerce Minister Piyush Goyal meets Finland PM Petteri Orpo & Swiss President Guy Parmelin to advance trade, tech, and green energy partnerships.

Piyush Goyal meets with Finland PM, Swiss Confederation PM to discuss furtherance of trade ties
"truly delighted to meet the Prime Minister of Finland... discussed how the India-EU Trade Deal presents significant opportunities - Piyush Goyal"

New Delhi, February 19

Union Minister for Commerce and Industry Piyush Goyal on Thursday met with the Prime Minister of Finland Petteri Orpo to discuss the opportunities presented by the India-EU Trade Deal.

Taking it to social media platform X, Goyal said that he was "truly delighted to meet the Prime Minister of Finland, Mr. Petteri Orpo. Discussed how the India-EU Trade Deal presents significant opportunities for our countries to collaborate across key sectors, including services, technology and green energy, further strengthening India-Finland trade & investment ties."

In a separate development, Goyal also held a high-level meeting with President of the Swiss Confederation Guy Parmelin during his official visit to India to attend the India AI Impact Summit 2026.

"The meeting reaffirmed the shared commitment of India and Switzerland to further deepen their longstanding economic partnership and strategic cooperation under the India-EFTA Trade and Economic Partnership Agreement (TEPA). In the context of the AI Impact Summit, both sides acknowledged the need to balance innovation with responsibility and noted that TEPA offers significant opportunities for technology collaboration in areas such as precision engineering, health sciences, renewable energy, innovation and research and development," according to a statement by the Ministry of Commerce and Industry.

During the meeting, Goyal stated that India is currently the world's fourth-largest economy, with an estimated GDP of USD 4.51 trillion in 2026, and emphasized that India offers scale, reform momentum, a large and expanding consumer market, a deepening industrial base and a continued focus on ease of doing business, digitisation and infrastructure-led competitiveness, thereby providing a stable and scalable platform for long-term partnerships.

Minister Goyal reiterated the importance of encouraging Swiss investment in India, particularly in sectors where Switzerland has established niche technological strengths, and also underscored India's role as a reliable global supplier of affordable, high-quality medicines and vaccines and called for deeper cooperation in research and development, biotechnology, specialty pharmaceuticals and advanced therapeutics.

- ANI

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Reader Comments

S
Sarah B
Good to see the focus on balancing innovation with responsibility at the AI summit. As India grows, we need to ensure tech partnerships benefit our society ethically and don't just become data extraction exercises.
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Priya S
Hope these talks translate into actual investments on the ground. We hear about so many MoUs, but the real test is in job creation and technology transfer. The pharma collaboration part is especially promising for our generic medicine industry.
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Rohit P
Fourth largest economy! That's the headline for me. When we negotiate from a position of strength, we get better deals. Proud moment. Let's leverage this scale to get the best tech and investment for our development.
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Karthik V
While international partnerships are good, I hope the government is equally focused on strengthening our own MSMEs. Sometimes these big deals only help large corporations. The benefits must trickle down to small businesses.
M
Meera T
Green energy collaboration is the need of the hour. Finland's expertise in sustainable tech combined with India's implementation scale can do wonders for our climate goals. Hope this moves beyond discussions quickly.

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