A senior team of negotiators from the European Union (EU) visited New Delhi for negotiations with Indian counterparts on the proposed India-EU Free Trade Agreement (FTA). The week-long negotiations which commenced on the 3rd of this month, concluded today. Ministry of Commerce and Industry said that during the period, discussions were held towards a comprehensive, balanced, and mutually beneficial trade agreement. Deliberations during this period covered a wide range of chapters, including goods, services, investment, trade, sustainable development, rules of origin, and technical trade barriers.

 

Commerce Secretary Rajesh Agrawal also held detailed meetings with Director-General for Trade of European Commission Sabine Weyand and took stock of the progress achieved across negotiating tracks.The Commerce Secretary reaffirmed India’s commitment to achieving an outcome that promotes economic growth and development while ensuring a fair and balanced distribution of benefits. Both sides reaffirmed commitment to a comprehensive and balanced trade agreement.