Piyush Goyal Meets Antwerp World Diamond Centre in Brussels
Piyush Goyal Meets Antwerp World Diamond Centre in Brussels
Union Minister of Commerce and Industry, Piyush Goyal, recently visited Brussels where he met with the Antwerp World Diamond Centre (AWDC) delegation. Goyal emphasized India's commitment to protecting the interests of small and medium enterprises in the diamond industry. He urged the European Commission to extend the deadline for technology-based certification, which is vital for supporting Indian businesses and consumer protection.
Goyal also engaged with senior management from various European companies and business associations, promoting India's potential for investment and a fair Free Trade Agreement. He met with Maros Sefcovic, the European Commissioner for Trade and Economic Security, to discuss a mutually beneficial trade and investment agenda and the India-EU Trade and Technology Council (TTC).
Both sides agreed to continue consultations to address global challenges and ensure strong collaboration.
Doubts Revealed
Piyush Goyal
Piyush Goyal is an Indian politician and the current Union Minister of Commerce and Industry. He works on matters related to trade and business in India.
Antwerp World Diamond Centre
The Antwerp World Diamond Centre is an organization in Belgium that deals with the diamond trade. Antwerp is known as a major hub for diamond trading in the world.
Brussels
Brussels is the capital city of Belgium, a country in Europe. It is also known for being the headquarters of the European Union.
Small and medium enterprises
Small and medium enterprises, or SMEs, are businesses that are not very large. They usually have fewer employees and less revenue than big companies.
Technology-based certification
Technology-based certification refers to using technology to verify or certify something, like the quality or authenticity of diamonds in this case.
European Commissioner Maros Sefcovic
Maros Sefcovic is a politician from Slovakia who works for the European Union. He is involved in making decisions about trade and investment in Europe.
Trade and investment agenda
A trade and investment agenda is a plan or list of goals related to how countries will trade goods and invest money with each other.
Global challenges
Global challenges are big problems that affect the whole world, like climate change, economic issues, or health crises.
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