ENA MSME 2025-01-21 14:01:44 <p><span style="font-size:14px"><strong>New Delhi, Jan 21 (KNN)</strong> Brussels witnessed a significant boost to Indias global trade ambitions as Union Minister of Commerce and Industry, Piyush Goyal, engaged in a series of high-level meetings to strengthen economic ties with the European Union.</span></p> <p><span style="font-size:14px">During his visit, Goyal prioritised safeguarding the interests of Indias small and medium enterprises (SMEs) in the diamond sector and advancing the countrys trade agenda.</span></p> <p><span style="font-size:14px">A key focus of the discussions was India's request for the European Commission to extend the deadline for technology-based diamond certification.</span></p> <p><span style="font-size:14px">Highlighting the critical importance of this extension, Goyal stressed its role in sustaining Indias small businesses and ensuring consumer trust.</span></p> <p><span style="font-size:14px">In a crucial meeting with the delegation of Antwerp World Diamond Centre (AWDC), led by its president and key stakeholders, Goyal emphasised India's unwavering commitment to protecting SMEs and individual artisans within the diamond industry.</span></p> <p><span style="font-size:14px">Sharing details on X, formerly Twitter, he stated, Met with the delegation of Antwerp World Diamond Centre (AWDC)... Conveyed India's stand on safeguarding the interests of our Small &amp; Medium Enterprises and individuals in the diamond industry. </span></p> <p><span style="font-size:14px">Earlier, the minister engaged with senior management of top European companies and business associations, urging them to leverage India's burgeoning market and fair trade practices.</span></p> <p><span style="font-size:14px">Conveyed to them India's commitment to a fair, equitable, and commercially meaningful Free Trade Agreement. Underlined that India offers a great investment opportunity, Goyal shared on X.</span></p> <p><span style="font-size:14px">The dialogue extended to strategic discussions with Maros Sefcovic, European Commissioner for Trade and Economic Security. Both leaders charted a roadmap for a robust Free Trade Agreement and pledged to address legacy trade issues.</span></p> <p><span style="font-size:14px">They also reviewed progress under the India-EU Trade and Technology Council (TTC), emphasising continued collaboration at senior official and ministerial levels to tackle global challenges collectively.</span></p> <p><span style="font-size:14px">Goyals Brussels visit underscored Indias proactive efforts to solidify its position in global trade, while reinforcing support for its domestic industries.</span></p> <p><span style="font-size:14px">With a focus on mutual growth and equitable partnerships, these engagements pave the way for enhanced economic cooperation between India and the EU.</span></p> <p><strong><em><span style="font-size:14px">(KNN Bureau)</span></em></strong></p> 40724 https://knnindia.co.in/news/newsdetails/msme/india-seeks-deadline-extension-on-diamond-certification-to-safeguard-smes-in-eu-talks 2025-01-21 14:01:44 knnindia.co.in