Union Commerce and Industry Minister Piyush Goyal on Monday (January 12, 2026) has given a big update regarding the trade deal between India and the European Union (EU). He said that India’s negotiations on a trade agreement with the European Union are in the final stages. He also said that we are also in talks with America regarding a bilateral trade deal.

India-EU talks continue regarding FTA

The Union Minister has given this statement in the Regional MSME Conclave during the Vibrant Gujarat Regional Conference organized in Rajkot district of Gujarat. Goyal recently returned from Brussels, where he held talks with EU Trade and Economic Security Commissioner Maros Sefcovic on the India-European Union Free Trade Agreement (FTA). India’s effort in the FTA with the EU is to provide zero duty access to labour-intensive sectors, which include textiles, leather, apparel, gems and jewelery and handicrafts.

Today’s MSMEs are the big industries of the future. pic.twitter.com/jlwgj6Pi2Y

— Piyush Goyal (@PiyushGoyal) January 12, 2026

Piyush Goyal posted on

Goyal said in a post on social media platform X, ‘During this conversation, we discussed the main areas of the proposed agreement. We reiterated our commitment to a rules-based trading framework and a modern economic partnership that protects the interests of farmers and MSMEs. It also integrates Indian industries into the global supply chain.

It was a great pleasure to share my views at the Regional MSME Conclave today during the Vibrant Gujarat Regional Conference held in Rajkot.

Prime Minister of Vibrant Gujarat for 22 years @NarendraModi This is a living story of JI’s visionary leadership. A small seed sown by Modi ji in 2003… pic.twitter.com/ZuSueiP5WC

— Piyush Goyal (@PiyushGoyal) January 12, 2026

What did Sergio Gore say about trade with India?

This statement of Goyal has come at a time when recently appointed US Ambassador Sergio Gore in New Delhi said that India and America are continuously talking on trade deal and the next meeting is proposed on Tuesday (January 13, 2026).

While talking to staff and journalists while taking charge at the US Embassy, ​​Gore said that US President Donald Trump has sent good wishes for Indian Prime Minister Narendra Modi. He said, ‘The friendship between Prime Minister Narendra Modi and President Donald Trump is genuine and the relationship between India and America is not only focused on mutual interests, but is also bound by relationships built at the highest level.’

True friends resolve mutual differences: Gore

He further said, ‘True friends may disagree on many issues, but in the end they resolve their differences.’ According to Gore, trade between India and America is very important and apart from this, both the countries will continue to work together on issues like security, counter-terrorism, energy, technology, education and health.

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Mukesh Ambani: Mukesh Ambani’s company Reliance Industries is preparing for big investment in Gujarat. In the first Regional Vibrant Gujarat Summit in Rajkot, Gujarat, Mukesh Ambani has made a big announcement of new investment of Rs 7 lakh crore in Gujarat in the next five years. This not only reflects Reliance Industries’ long-standing commitment towards Gujarat, but this new investment will also help Gujarat emerge as a global hub for clean energy, artificial intelligence and advanced manufacturing in the future.

Mukesh Ambani praised PM Modi

Addressing the first Regional Vibrant Gujarat Summit in Rajkot, Mukesh Ambani praised Prime Minister Narendra Modi and said that he has restored India’s ‘civilizational confidence’ and taken the country from ‘potential to performance’. Ambani said, “This is India’s decisive decade.” Under the leadership of the Prime Minister, India is not just preparing for the future – India is shaping it.” He also said that Gujarat remains the ‘body, heart and soul’ of Reliance.

Reliance’s huge investment in Gujarat

During this, Mukesh Ambani also said that Reliance has already invested more than Rs 3.5 lakh crore in Gujarat in the last five years and now by 2030 this figure will be doubled to Rs 7 lakh crore. He said that these investments will generate employment and livelihood on a large scale, and will also promote wealth creation. He said, “Reliance is already the largest investor in Gujarat and our commitment will be even stronger.”

What is Reliance’s plan on clean energy?

Talking about Reliance’s clean energy ambitions, Ambani said that Jamnagar is being developed as the world’s largest integrated clean-energy ecosystem, which includes solar energy, battery storage, green hydrogen, green fertilizer, sustainable aviation fuel, marine fuel and advanced materials. He said, “Jamnagar, which was once India’s largest hydrocarbon exporter, will now become the country’s largest exporter of green energy and green materials.”

During this, Ambani also mentioned his plan to turn Kutch into a global clean-energy hub through the world’s largest multi-gigawatt solar project, which will be supported by 24-hour storage and modern grid integration.

On the technological front, he said Reliance is building India’s largest AI-ready data center in Jamnagar and Jio will soon launch a ‘people-first’ artificial intelligence platform designed for Indians to create their own

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