India will send a message about global trade and supply chain recovery

According to the official statement released, the expanded G7 Trade Ministers' Conference in Italy is scheduled to take place on July 16 and 17, 7, focusing on strengthening trade and investment relations between participating countries.

The coastal city of Reggio Calabria in southern Italy will host these discussions as part of the G7 Trade Ministers' Meeting.

In addition to Ministers of G7 member countries, the expanded G7 Trade Ministers' Meeting also had the participation of Trade Ministers and Government officials from: India, New Zealand, Argentina, Brazil, and South Korea. and Vietnam as well as representatives from the World Trade Organization (WTO) and the Organization for Economic Cooperation and Development (OECD). In which, India was invited to attend the event as an observer.

The Vietnamese delegation led by Minister of Industry and Trade Nguyen Hong Dien attends the conference and will give an important speech.

The purpose of the Conference is to explore new opportunities for trade and investment, while resolving bilateral trade issues and strengthening economic cooperation.

The Indian Ministry of Commerce announced that it will showcase India's key trade and investment prospects in the expanded session.

At the conference, Minister Piyush Goyal is expected to present India's perspective on global trade and supply chain resilience, as well as highlight recent reforms and initiatives aimed at improve the business environment and attract foreign investment.

Minister Piyush Goyal's visit to Italy has special significance because India is currently participating in negotiations for the Free Trade Agreement (FTA) with the UK and the European Union. Mr. Piyush Goyal's attendance at the Conference also showed optimistic signs in India's trade diplomacy activities.

Before going to Italy, Minister Piyush Goyal visited Switzerland on July 14 and 15 to meet with the Commerce Minister and Swiss Government officials.

The above discussions come at a crucial time for India's international trade relations. At the same time, these diplomatic activities are also likely to affect India's ongoing and future trade negotiations with a number of G7 member countries.

At the invitation of Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Italy Antonio Tanjani, Minister of Industry and Trade Nguyen Hong Dien - Head of the Vietnamese delegation went on a business trip to Italy to attend the Ministerial Conference. G7 Trade. This is a valuable opportunity for Italy and Vietnam to affirm their roles in global trade and is also an opportunity for the two countries to work together to build a sustainable and stable international supply chain.

Accompanying Minister Nguyen Hong Dien on his business trip to Italy were representatives of the Government Office and representatives of functional units under the Ministry of Industry and Trade.

In Italy, in addition to the main activities, Minister Nguyen Hong Dien and members of the Working Group will have bilateral meetings and working sessions with partner units to promote economic and trade cooperation. with countries in the European region.

Source: Vietnam.vn