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Hans India
5 days ago
- Business
- Hans India
Piyush Goyal calls for steps to boost India-France trade
Paris: Commerce Minister Piyush Goyal on Tuesday said that India and France must work to strengthen bilateral economic ties as there was ample scope to boost trade between the two countries from the current level of $15 billion. Addressing the India-France CEO Forum here, the minister said both countries must work towards deeper cooperation in emerging and strategic sectors. "We cannot be satisfied with just $15 billion. The scope is far greater," Goyal remarked. He suggested forming joint working groups in the private sector under the CEO Forum to explore collaborations in artificial intelligence, tourism, manufacturing, and global capability centres as well. Goyal also announced that India and France would activate a fast-track mechanism at the ambassadorial level to help businesses overcome trade and regulatory hurdles. "This will help us find new areas of trade and support each other in crossing the Rubicon of regulation," he remarked. He pointed out that Indian businesses are often "foxed" by the EU's complex regulatory environment. "It's a maze, especially with each EU member state having its own set of rules," Goyal said. The minister reaffirmed that India and the EU remain committed to concluding a comprehensive trade deal before the end of 2025. He also held a meeting with Singapore's Deputy Prime Minister Gan Kim Yong and discussed ways to boost economic ties and huge opportunities in the Indian shipping sector. Goyal also plans to hold bilateral meetings in Paris with the United Kingdom's Secretary of State for Business and Trade, Jonathan Reynolds and Saudi Arabia's Minister of Commerce, Dr Majid bin Abdullah Al-Kasabi, among others. The Indian Minister is on an official visit to France and Italy, reflecting India's continued commitment to deepening strategic and economic ties with key European partners and advancing a shared vision for resilient and inclusive global growth. As part of the visit, he will also be meeting top leadership of major French companies such as Vicat, Total Energies, L'Oreal, Renault, Valeo, EDF and ATR. Goyal will also participate in the informal gathering of WTO Ministers on the margins of the OECD Ministerial Council Meeting. At this crucial forum, he will engage with global counterparts on key multilateral trade issues and articulate the perspectives and priorities of the country.


Time of India
28-05-2025
- Business
- Time of India
Minister Kirti Vardhan Singh heads to Kyrgyzstan, Tajikistan
Amid Pakistan's outreach to Eurasia following Operation Sindoor, India is deputing a minister to visit Tajikistan and Kyrgyzstan, both of whom share strategic partnership with New Delhi. Minister of State (MoS) for External Affairs, and Environment, Forest & Climate Change Kirti Vardhan Singh will visit Tajikistan and the Kyrgyz Republic for a week beginning Friday. Singh will meet the foreign ministers of both countries and other high-level officials. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Alerta: Você tem zumbido no ouvido? Dica de ouro pode aliviar! Zumbido no ouvido Undo Kyrgyzstan withdrew its envoy from Pakistan for appearing to be pro-Pakistan during the Indo-Pak conflict as Bishkek felt it would damage its ties with India. Bishkek withdrew its envoy from Islamabad for organising a CEO Forum in the middle of the India-Pakistan conflict as the central Asian country's President felt that such a forum could be viewed as a step that could jeopardise its ties with New Delhi. While Pakistan has increased its business ties with Kyrgyzstan and people-to-people ties have picked up, Bishkek's ties with India date back to the Soviet Union days and are built on goodwill ever since. Recently, the Kyrgyz authorities also cracked down on illegal migrants presumably from Pakistan and Bangladesh. Live Events India is also planning to host five Central Asian foreign ministers in June to boost counter-terror, connectivity and business ties. In Tajikistan, MoS will lead the Indian delegation to the High-Level International Conference on Glaciers' Preservation being held in Dushanbe on 29 May-1 June, officials informed.


Time of India
14-05-2025
- Business
- Time of India
Kyrgyzstan recalls envoy from Pakistan over business forum amid India conflict
Kyrgyzstan recalled its ambassador from Pakistan. This action followed the organisation of a CEO Forum amidst India-Pakistan tensions. The Kyrgyz President worried the forum might harm relations with India. The event could be seen as pro-Pakistan during the conflict. A Pak-Kyrgyzstan meeting in Islamabad is now postponed. Ambassador Avazbek Atakhanov failed in his diplomatic mission. Tired of too many ads? Remove Ads New Delhi: Kyrgyzstan has withdrawn its envoy from Islamabad for organising a CEO Forum in the middle of India-Pakistan conflict last week as the Central Asian country's President felt that such a forum could be viewed as a step that can jeopardise its ties with New Kyrgyz leadership felt that the forum could project that the country is taking a pro-Pakistan stance in the middle of a conflict, ET has learnt. A meeting of the Pak-Kyrgyzstan Intergovernmental Commission in Islamabad scheduled in the coming days has also been postponed."Ambassador of Kyrgyzstan to Pakistan Avazbek Atakhanov has failed in his diplomatic mission amid the military confrontation between India and Pakistan. He did not properly build an information policy around the conflict," a source, who did not wish to be identified, said."Atakhanov's key mistake was holding a Kyrgyz-Pakistani business forum in Karachi. Information about the event was released on May 10 when hostilities were still ongoing and it was not known when the conflict could end. The decision to participate in the forum may have been perceived as clear support for Pakistan to the detriment of relations with India. Atakhanov lacked political foresight and he miscalculated completely," according to the above-mentioned Pakistan has increased its business ties with Kyrgyzstan and people-to-people ties have picked up, Bishkek ties with India date back to the Soviet Union days and are built on goodwill ever since.


Business Wire
05-05-2025
- Business
- Business Wire
AM Best to Deliver Keynote Address at Insurance Innovators USA Conference
OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best Director Steven Chirico will deliver a keynote speech at the Insurance Innovators USA Conference 2025, which is scheduled for May 19-20, 2025, in Nashville, TN. Chirico will deliver his remarks at 10:05 a.m. (CDT) on Monday, May 19, in a session titled, 'Understanding New and Evolving Risks: Innovating in a Changing Market.' This session is part of the 'CEO Forum - Navigating a Changing Insurance Landscape,' which begins at 9:00 a.m. (CDT). AM Best has been scoring and assessing insurers' innovation efforts since 2020, and Chirico will share data quantifying the advantages of being innovative. Chirico has approximately 30 years' experience in the insurance industry and manages a team of rating analysts with portfolios of commercial and alternative risk insurers, as well as large reinsurers. The event will be held at the Music City Center. Insurance Innovators is a brand of MarketforceLive. For more information, please visit the Insurance Innovators USA event page. the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit
Yahoo
05-05-2025
- Business
- Yahoo
AM Best to Deliver Keynote Address at Insurance Innovators USA Conference
OLDWICK, N.J., May 05, 2025--(BUSINESS WIRE)--AM Best Director Steven Chirico will deliver a keynote speech at the Insurance Innovators USA Conference 2025, which is scheduled for May 19-20, 2025, in Nashville, TN. Chirico will deliver his remarks at 10:05 a.m. (CDT) on Monday, May 19, in a session titled, "Understanding New and Evolving Risks: Innovating in a Changing Market." This session is part of the "CEO Forum - Navigating a Changing Insurance Landscape," which begins at 9:00 a.m. (CDT). AM Best has been scoring and assessing insurers' innovation efforts since 2020, and Chirico will share data quantifying the advantages of being innovative. Chirico has approximately 30 years' experience in the insurance industry and manages a team of rating analysts with portfolios of commercial and alternative risk insurers, as well as large reinsurers. The event will be held at the Music City Center. Insurance Innovators is a brand of MarketforceLive. For more information, please visit the Insurance Innovators USA event page. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Sign in to access your portfolio