India, EU narrow gaps on FTA terms after fresh round of talks

INDIA AND THE European Union (EU) on Friday wrapped up their latest round of meetings to narrow the differences in the negotiations on the Free Trade Agreement (FTA) and complete it by the end of this year.

- FE BUREAU

“The deliberations covered a wide range of chapters including goods, services, investment, trade and sustainable development, rules of origin, and technical barriers to trade,’ a statement by the ministry of commerce and industry said.

The two sides narrowed down the divergences and common understanding was arrived at on many issues.

The talks between negotiators from both sides started on November 3 and ended on November 7. As the negotiators engaged, on November 5-6 the Director General (Trade) of European Commission (EC) Sabine Weyand was in New Delhi to meet Commerce Secretary Rajesh Agrawal.