Piyush Goyal Meets Prince Alois to Strengthen India-Liechtenstein Trade Ties

Union Minister of Commerce and Industry Piyush Goyal met H.S.H. Hereditary Prince Alois of Liechtenstein during the latter’s official visit to India, focusing on strengthening bilateral economic and trade relations.

Paid a courtesy call on H.S.H. Hereditary Prince Alois of Liechtenstein, who is on an official visit to India. Our discussions focused on further strengthening India-Liechtenstein economic and trade ties, including enhanced cooperation under the India-EFTA Trade and Economic Partnership Agreement (TEPA). I highlighted India's sustained efforts to create an investor-friendly business environment through reforms to enhance Ease of Doing Business. The $100 billion investment commitment under the India-EFTA TEPA reflects the shared ambition to deepen investment linkages, drive growth, and create big opportunities for businesses.

— Piyush Goyal (@PiyushGoyal) October 28, 2026

Sharing the update on social media, Goyal said the discussions centred on enhancing cooperation under the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA).

During the meeting, Goyal highlighted India’s continued efforts to create an investor-friendly business environment through reforms aimed at improving the Ease of Doing Business. He emphasised that these initiatives are designed to attract investment, facilitate business growth and strengthen international economic partnerships.

The Union Minister also highlighted the $100 billion investment commitment under the India-EFTA TEPA, describing it as a reflection of the shared ambition to deepen investment linkages, accelerate economic growth and create significant opportunities for businesses.

The engagement underscores India’s commitment to expanding economic cooperation with Liechtenstein and other EFTA member countries, including Switzerland, Norway and Iceland. The India-EFTA TEPA provides a framework for strengthening trade, investment and broader economic partnerships between the two sides.

The meeting comes amid efforts to translate the India-EFTA partnership into greater investment flows, business collaboration and long-term economic opportunities.