National News
GJEPC Congratulates Commerce Department Officials on Landmark India–EU FTA
Industry body lauds leadership of Commerce Ministry officials for steering historic trade agreement with far-reaching impact on export sectors
The Gem & Jewellery Export Promotion Council (GJEPC) extended its congratulations to senior officials of the Department of Commerce following the successful conclusion of the landmark India–EU Free Trade Agreement, described as the “mother of all trade deals.”
On 29 January in New Delhi, Sabyasachi Ray, Executive Director, GJEPC, met Rajesh Agarwal, Commerce Secretary, Department of Commerce, Ministry of Commerce and Industry, along with Saket Kumar, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry. During the meeting, Sabyasachi Ray congratulated the officials for their pivotal role in steering the complex negotiations that culminated in the signing of the comprehensive trade pact.
He acknowledged the direct involvement and leadership of the Commerce Department officials in advancing discussions related to market access, tariff rationalisation, and trade facilitation. He highlighted that their efforts were instrumental in addressing long-standing concerns of Indian exporters and in creating a more competitive framework for bilateral trade with the European Union.
The interaction also provided an opportunity to reflect on the strategic importance of the India–EU FTA for India’s export-oriented industries, particularly the gems and jewellery sector. The agreement is expected to enhance market access, improve ease of doing business, and strengthen India’s position in global value chains, while opening new growth avenues for exporters across multiple sectors.
source : GJEPC
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