‘Negotiations for India-EU free trade pact concluded’

Negotiators of India and the European Union have successfully concluded an ambitious, balanced, forward-looking and mutually beneficial India-EU free trade agreement (FTA) and the leaders of the two sides are set to announce the development on Tuesday.

- Rajeev Jayaswal

“Official level negotiations are being concluded, and both sides areall set to announce the successful conclusion of FTA talks on 27th January,” commerce secretary Rajesh’ Agrawal confirmed on Monday.

European Council president Antonio Costa and European ‘Commission president Ursula von der Leyen, who are in India as chief guests for Republic Day celebrations, are expected to join Prime Minister Narendra Modi in announcing the conclusion of FTA negotiations after the 16th India-EU Summit on Tuesday, people close to the development said, asking not to be named.