Summary
Piyush Goyal’s recent visit to Laos focused on reviewing the progress of the India-ASEAN Free Trade Agreement (AITIGA) during key economic meetings. His participation in the 21st ASEAN-India Economic Ministers Meeting and the 12th East Asia Summit Economic Ministers Meeting aimed to prioritize the simplification of trade terms and enhance business facilitation between India and ASEAN member countries.
During his two-day visit, Goyal engaged in discussions concerning the ongoing negotiations to revise the AITIGA, emphasizing the need for a more user-friendly and efficient trade framework. The meetings, hosted by Laos as the ASEAN Chair for the year, provided a platform for bilateral discussions among ministers from participating countries. Goyal’s agenda included a series of bilateral meetings with counterparts, reflecting India’s commitment to strengthening economic ties within the ASEAN region. The focus on making trade agreements more accessible aligns with India’s broader strategy to enhance its economic engagement with Southeast Asia.
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