What Discussions Did Piyush Goyal Have with Foreign Business Leaders in New York?

Synopsis
Key Takeaways
- Piyush Goyal engaged with key leaders to strengthen India's trade and energy.
- Meetings focused on enhancing bilateral ties with Italy and US.
- Emphasis on sustainable development and renewable energy.
- Global cooperation was highlighted as essential for energy security.
- Optimism about reaching a trade agreement was expressed.
Washington, Sep 25 (NationPress) Union Commerce and Industry Minister Piyush Goyal has engaged in a series of discussions with prominent foreign and business leaders in New York, focusing on enhancing India's trade, investment, and energy partnerships.
On Wednesday (local time), Goyal met with Italy's Deputy Prime Minister and Foreign Minister Antonio Tajani to explore avenues to further enhance bilateral trade and investment relations.
Additionally, he held talks with World Bank President Ajay Banga to discuss ways to strengthen collaboration in order to accelerate India's sustainable development.
During the meetings, the Minister also interacted with high-ranking executives from global investment firms to highlight the investment potential within India's resilient economy.
Earlier, on Tuesday, Goyal participated in a high-profile session centered on energy security in New York, where he emphasized the need to expand India-US energy trade.
He discussed the potential to enhance collaboration on nuclear power as a clean energy option and the promotion of renewable start-ups.
Goyal advocated for global cooperation to ensure a secure and sustainable energy future, showcasing India's integrated national grid that guarantees resilience and uninterrupted energy supply.
He reiterated PM Modi's vision of 'One Sun, One World, One Grid' and highlighted India's leadership in solar energy through the International Solar Alliance, underlining the nation's commitment to inclusive, sustainable, and affordable growth.
On Wednesday, US Energy Secretary Chris Wright praised New Delhi as an 'awesome ally' and expressed enthusiasm for deeper energy collaboration between the two nations.
Speaking at a press conference in New York, Wright described India as a 'dynamic society' that is experiencing a rapid increase in energy demand.
Wright stated, 'My early focus was on India, the world's largest democracy and a vital ally of the United States, which is a rapidly growing economy with a dynamic society.'
Earlier on Monday, Piyush Goyal met with US Trade Representative Jamieson Greer in New York to negotiate the initial phase of a trade agreement between both nations.
Sources disclosed to IANS that the meeting targeted addressing key challenges, with both sides optimistic about achieving an interim agreement shortly.