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Key Points

Piyush Goyal, India's Union Commerce and Industry Minister, is enthusiastic about expanding collaborative efforts with the International Energy Agency, following a meeting with Executive Director Fatih Birol. In addition to his focus on energy partnerships, Goyal engaged with Nigeria's Minister for Trade to enhance bilateral trade and addressed pivotal reforms at the World Trade Organisation. He further strengthened economic relations with France by conversing with Eric Lombard on innovative trade strategies and India-EU FTA progress. Throughout his France visit, Goyal also met various CEOs to explore potential investments, particularly in renewable energy and electric vehicles markets.

Key Points: Piyush Goyal Anticipates Stronger India Partnership with IEA

  • Piyush Goyal's promising meet with Fatih Birol from IEA
  • Discussed trade boosts with Nigeria and WTO reforms
  • Explored innovation-focused economic ties with France
2 min read

Look forward to deepening partnership between India and IEA: Piyush Goyal

Piyush Goyal discusses bolstering India-IEA ties, while promoting economic growth with Nigeria and France.

"Our shared vision for growth will drive this partnership forward. - Piyush Goyal"

Paris, June 3

Union Commerce and Industry Minister Piyush Goyal on Tuesday said he is looking forward to a deepening partnership between India and the International Energy Agency (IEA).

Goyal met Fatih Birol, Executive Director of the IEA here, during the France leg of his official visit.

“Glad to meet Dr @FBirol, Executive Director of the International Energy Agency. Had a good discussion on the overall global energy scenario and the deepening partnership between India and the IEA,” the Union Minister posted on X.

The minister also had a “fruitful discussion" with Nigeria's Minister for Trade, Industry and Investment, Dr. Jumoke Oduwole.

“We explored avenues to boost bilateral trade and strengthen economic cooperation between India and Nigeria. Also, discussed World Trade Organisation reforms,” Goyal informed.

“Our shared vision for growth will drive this partnership forward,” he added.

Moreover, the Commerce Minister held a productive meeting with Eric Lombard, French Minister of Economy, Finance, and Industrial and Digital Sovereignty.

“Exchanged views on deepening our economic partnership, enhancing trade & investments with a special focus on technology and innovation across key sectors. Also discussed the progress of the India-EU FTA negotiations. Looking forward to stronger India-France economic ties,” Goyal posted on X.

On June 2, Goyal held a meeting with Christophe Perillat, CEO of Valeo Group, a global automotive supplier company with a strong footprint in India.

“Appreciate the company’s trust in India’s growth story and their plans to enhance investments in the country. We discussed avenues to scale up their manufacturing presence in India,” the Union Minister informed.

He also met Nicolas Hieronimus, CEO of the L'Oréal Group, and discussed opportunities for L'Oréal to ‘Make in India’ for the world.

Commerce Minister also met other top global CEOs in Paris to explore their future investment plans for the India market in promising sectors like electric vehicle and renewable energy (RE).

Following his engagements in France, the Union Minister will proceed to Italy for the next leg of his official visit.

- IANS

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Reader Comments

R
Rajesh K.
Good to see India strengthening ties with IEA. Energy security is crucial for our growing economy. Hope this leads to more clean energy collaborations and technology transfers. 🇮🇳⚡
P
Priya M.
While I appreciate these diplomatic efforts, I hope our ministers also focus on domestic energy challenges. Many villages still face power cuts. International partnerships should translate to local benefits.
A
Amit S.
The Nigeria trade discussion is interesting! Africa is an untapped market for Indian goods. If we play our cards right, we can compete with China's influence there. Jai Hind!
S
Sunita R.
Make in India getting global recognition 👏 L'Oréal and Valeo expanding here shows foreign companies trust our manufacturing capabilities. Hope this creates more jobs for our youth!
V
Vikram J.
India-EU FTA negotiations have been going on for too long. Hope this meeting brings some concrete progress. Our exporters deserve better access to European markets.
N
Neha T.
Electric vehicles and renewable energy sectors getting attention is good, but we need faster implementation. China is way ahead in these areas. Can we catch up? 🤔

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