Union Minister for Commerce and Industry Piyush Goyal held talks with his Swiss counterpart Guy Parmelin to work towards achieving the goals set in Trade and Economic Partnership Agreement (TEPA).
Mr Goyal was on a two-day official visit to Switzerland from Sunday.
During the bilateral talks, both sides acknowledged that TEPA provides an excellent framework for deepening of trade and investment partnership. Ministry of Commerce and Industry in a statement said that the two Ministers had engaging and fruitful discussions with prominent Swiss and Indian captains of industry over the breakfast meeting on yesterday. Mr Goyal encouraged Swiss companies to become a part of India’s growth story and invest in its growing and dynamic market.
The objectives of Mr Goyal’s visit to Switzerland were to discuss next steps for the implementation of the historic India-EFTA Trade and Economic Partnership Agreement which was signed in March this year in New Delhi. Besides, it also aimed at identifying ways and means of realising the ambitious target of 100 billion dollars investment and creation of one million jobs in India by EFTA countries in next 15 years as provided for in the Agreement.
Disclaimer: This press release is sourced from News On AIR, Prasar Bharti and Press Information Bureau India (PIB).