G7 summit / G-7 countries will shower money on India, an important meeting is going to be held in Italy next week

G7 summit: An important meeting of the G7 countries is going to be held in Italy next week. During this, the G7 countries can shower money in terms of investment in India. Commerce and Industry Minister Piyush Goyal will be present in Reggio Calabria, Italy next week to attend a bilateral meeting with his counterparts from the G7 countries. An official statement said on Saturday that during this time ways to promote trade and investment will be discussed. Reggio Calabria is a coastal city in southern Italy, where this meeting is going to be held.

The G7, a group of seven industrialized countries, includes Canada, France, Germany, Italy, Japan, Britain and the US. According to the statement, the purpose of these meetings is to find new avenues of trade and investment, resolve bilateral trade issues and strengthen economic cooperation. Goyal will discuss this during the outreach session of the G7 Trade Ministers' meeting (16-17 July) in Italy. The Ministry of Commerce and Industry said, "During this visit, Goyal will also attend bilateral meetings with trade ministers of G7 countries and other countries participating in the outreach session.

Trade and investment will get a boost

This will strengthen India's commitment to global trade and investment partnership. " According to the statement, during this time Goyal will tell about the trade and investment opportunities present in India. The ministry said that before visiting Italy, Goyal will be in Switzerland on July 14-15 and will discuss the European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA).