Half of FTA chapters with EU finalised, says Goyal

BOTH SIDES TO CONTINUE DISCUSSIONS ON CARBON TAX, STEEL

- MUKESH JAGOTA

INDIA AND THE European Union (EU) have agreed to hold further discussions on the proposed free trade agreement (FTA) because of the sensitivities involved on auto and steel trade and the 27-member bloc’s regulations like carbon tax that seek to link trade to the environment protection goals.

While discussions on the sensitive issues would continue, both sides decided to work closely to finalise the non-sensitive industrial tariff lines in their FTA, the Commerce and Industry Ministry said in a statement.