There is a significant progress in the negotiations for the proposed free trade agreement (FTA) between India and European Union (EU), an official said on Thursday.
Significant progress has been reported in the ongoing negotiations for a proposed free trade agreement between India and the European Union. Indian Commerce Minister Piyush Goyal recently met with EU Trade Commissioner Maros Sefcovic to review progress.
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The dialogue signals a renewed push to advance negotiations on the India-EU FTA, a pact that has faced hurdles over the years due to differences on issues such as market access, tariff reductions and regulatory alignment.
Co-chaired the delegation-level meeting with EU Commissioner for Trade and Economic Security @MarosSefcovic. Engaged in productive discussions, reviewing bilateral trade ties and the progress of the India-EU FTA, and the Trade and Technology Council (TTC). Also deliberated on… pic.twitter.com/6RFCAb06N8
Von der Leyen’s announcement followed on the heels of a positive visit to Belgium by Indian Commerce Minister Piyush Goyal, during which he met European Trade Commissioner Maroš Šefčovič. The next round of talks on a free-trade agreement has been set for March 10-14 in Brussels.
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India and the EU are making significant progress in negotiations for a free trade agreement (FTA), according to commerce and industry minister Piyush Goyal. The two sides agreed to build a commercially meaningful trade agenda and work towards a mutually beneficial pact,
During the meeting between Goyal and Sefcovic, the two sides agreed to build a commercially meaningful trade agenda and work towards a mutually beneficial trade pact.