Piyush Goyal, India's Commerce and Industry Minister, revealed that the government is developing a third Jan Vishwas bill to further enhance the business environment by simplifying processes and reducing compliance burdens. This initiative follows the recent passing of the Jan Vishwas (Amendment of Provisions) Bill, 2026, which amended 784 provisions across 79 central laws, effectively decriminalizing over 1,000 minor offences. Goyal emphasized the importance of creating contemporary laws that facilitate easier entry and exit for businesses. Additionally, he announced plans for 100 new industrial parks under the Bhavya Scheme and highlighted India's success in finalizing nine free trade agreements (FTAs) in the past three and a half years, with expectations for 6-7 more FTAs in the next two years. Goyal also mentioned discussions with Ecuador's Foreign Affairs Minister to enhance bilateral trade and investment.