Overview

• Piyush Goyal will embark on a five-day trip starting April 28 to London, Oslo, and Brussels to advance India's trade negotiations with key global partners.
• India-UK free trade agreement negotiations are in their final stages, with no further rounds required, as both sides address remaining details, including a Bilateral Investment Treaty.
• The Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association, signed in March 2024, is expected to become operational by June following a Swiss referendum.
• India-EU trade talks are accelerating, with the 11th round of negotiations scheduled for May 12–16 in New Delhi, and discussions on an early harvest agreement underway.
• These efforts reflect India's strategy to deepen economic ties amid global trade shifts, securing commitments like a $100 billion investment under the EFTA TEPA.