⇒ A four member French delegation led by the Special Representative for Bilateral Economic Relations, Mr. Paul Hermelin called on the Union Minister of State for Commerce & Industry, Shri Som Prakash on 08 June 2022.
Discussion:
They discussed the scope for mutual cooperation across the entire gamut of bilateral and international trade and economic issues.
» Shri Som Prakash gave an overview of major initiatives and reforms of the Modi Government in reducing cost of business and increasing Ease of Doing Business in India.
» Speaking on the occasion, Mr. Hermelin said France is keen to pursue the Free Trade Agreement (FTA) negotiations between European Union and India. Both sides hoped to conclude the agreement before 2024. The pact will pave the way for India to give a boost to trade with the 27-member nation EU bloc, subject to ratification by both sides including the European Parliament.