India, EU Resume Negotiations For Free Trade Agreement After 9 Years
NDTV
These would be the most significant free trade agreements (FTAs) for India as the European Union is India's second-largest trading partner after the US.
India and the European Union (EU) have re-launched negotiations for free trade agreement (FTA) after a 9-year lull, the Ministry of Commerce & Industry said on Saturday.
The negotiations were re-launched at an event held at the European Union headquarters in Brussels on June 17. India's Commerce and Industry Minister Piyush Goyal, and Valdis Dombrovskis, Executive Vice-President of the European Commission, formally re-launched the India-EU Free Trade Agreement (FTA) negotiations.
Besides, negotiations were also launched for a stand-alone Investment Protection Agreement (IPA) and a Geographical Indicators (GIs) Agreement, the Ministry of Commerce & Industry said in a statement.
The first round of India-EU free trade agreement negotiations is scheduled to begin in New Delhi on June 27.
