Piyush Goyal Discusses Trade, Investment, India-EU FTA with Finland Ministers

Indian Union Commerce and Industry Minister Piyush Goyal held separate meetings with Finland's Deputy Prime Minister and Finance Minister Riikka Purra and Minister of Economic Affairs Sakari Puisto. The discussions aimed to bolster bilateral economic relations and explore how the anticipated India-European Union (EU) Free Trade Agreement (FTA) could enhance trade and investment between the two nations.

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Pleased to meet Finland's Deputy Prime Minister and Minister of Finance, Ms. Riikka Purra. We discussed strengthening economic and financial cooperation, enhancing trade and investment ties, and expanding collaboration in digitalisation and emerging sectors.

In his discussions with Deputy Prime Minister Purra, Goyal emphasized strengthening economic and financial cooperation, as well as expanding collaboration in digitalization and emerging sectors. Both ministers also explored opportunities to deepen India-Finland engagement within the framework of the India-EU FTA. This engagement signifies a broader effort by India to forge stronger economic partnerships within Europe.

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We also explored opportunities to further deepen India-Finland engagement under the India-EU FTA.

Further discussions with Minister of Economic Affairs Sakari Puisto focused on deepening cooperation across several high-growth areas. These included investments, innovation, research and development, startups, and business partnerships. The ministers also delved into potential collaboration in cutting-edge fields such as artificial intelligence (AI), 6G technology, quantum technologies, semiconductors, space exploration, and sustainability.

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Had productive discussions with Finland's Minister of Economic Affairs, Mr. Sakari Puisto. We discussed ways to deepen India-Finland cooperation in investments, innovation, R&D, startups and business partnerships.

The meetings underscore the ongoing efforts by India and the EU to finalize a comprehensive Free Trade Agreement. The objective is to expand trade volumes, encourage investment, and foster cooperation in advanced and emerging technologies. These strategic dialogues highlight India's proactive approach to integrating further into the global economy and leveraging technological advancements for mutual growth.

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We also explored collaboration across AI, 6G, quantum technologies, semiconductors, space and sustainability, while discussing how the India-EU FTA can further strengthen trade and investment between our countries.