Key areas of discussion included scaling up investments, particularly in the SME sector, improving India's investment climate, promoting sustainable development through decarbonization, and exploring synergies for family-owned businesses in the evolving global landscape.
India on Saturday operationalised its resident mission in Albania, which will further help in expanding India's diplomatic footprint and enable the growth of bilateral trade.
Amid the ongoing political unrest in Bangladesh, the trade between India and Bangladesh, which has been strong for years, is facing challenges. Both countries have been major trading partners, engaging in a wide exchange of goods and services.
Highlighting the remarkable bilateral trade between India and Vietnam, Ministry of External Affairs, Secretary (East), Jaideep Mazumdar said that the bilateral trade is around USD 15 billion, adding that both nations' leaders feel that this could be "significantly increased".
Calling for the need to work together, Vietnam's Prime Minister, Pham Minh Chinh set a target to raise trade between India and Vietnam to USD 20 billion.
India has operationalised the new resident mission in Latvia from Thursday, which will further help in expanding India's diplomatic footprint and enable the growth of bilateral trade.
During the visit, both countries are expected to strengthen their partnership, particularly in nuclear energy, investment, financial sectors, and other vital areas.
Union Commerce and Industry Minister Piyush Goyal held a meeting with Italian Deputy PM Antonio Tajani on the sidelines of the G7 Trade Ministers' Meeting in Italy. The leaders discussed ways to enhance bilateral cooperation in investments, start-ups, and energy between India and Italy.
The delegates of India and Qatar held a Joint Working Group (JWG) meeting in Doha on various topics related to trade, highlighted Ministry of Commerce & Industry on Friday.
Prime Minister Narendra Modi and Russian President Vladimir Putin met in Moscow on Tuesday and outlined their goals to eliminate non-tariff trade barriers and achieve a mutual trade volume of over USD 100 billion by 2030.
The German embassy officials gathered on Friday to talk about the German India Business Outlook survey conducted by KPMG, a multinational professional services firm.
Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has visited Washington DC for talks with Gina Raimondo, US Secretary of Commerce, to discuss strengthening bilateral trade and investment ties.