India, EU set for 7th round of free-trade talks next month

Posted on:
Key Points

India and the European Union will hold the seventh round of negotiations for a free trade pact in mid-February, covering services and investments. Progress has been made in 18 out of 23 policy areas, and the two sides have resolved differences to prepare for the next round of talks..

India and the European Union will hold the seventh round of negotiations over the proposed free trade pact in mid-February, which will cover matters related to services and investments after discussions on goods and public procurements in previous rounds, two people aware of the development said.I)..

After the round, in the last three-four months, the two sides ironed out several differences and prepared the ground to start the seventh round of negotiations from February 19-23, 2024, in the Indian capital, one of them said..

The EU wants India to remove barriers of trade for its smaller firms, open up services and Indian public procurement market, which is being negotiated on the principles of reciprocity and equity while protecting interests of domestic micro, small and medium enterprises (MSMEs), the second person said..

The EU and India had first launched negotiations for a free trade agreement in 2007 before the talks were suspended in 2013 due to a gap in ambition, an EU statement issued during the relaunch said..

You might be interested in

From Australia to UK, negotiations on 3 key trade agreements to mark June

07, Jun, 23

After operationalising the Economic Cooperation and Trade Agreement with Australia last December, the two partners are pursuing the next level of the deal. | Latest News India

India, EU conclude another round of talks for proposed trade agreement

19, Mar, 23

Indias merchandise exports to EU member countries stood at about USD 65 billion in 202122 while imports aggregated USD 514 billion

India, UK officials to start 13th round of FTA talks from Sep 4

01, Sep, 23

The bilateral trade between countries increased to USD 20.36 billion in 2022-23 from USD 17.5 billion in 2021-22.

India, Australia includes space, sports in 15 new areas for talks on comprehensive trade agreement

16, Jun, 23

In December 2022, India and Australia have already implemented an interim trade agreement.

India, Australia to widen ambit of trade pact, include 15 more areas

15, Jun, 23

IPEF was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23 last year in Tokyo.

Trade deal with 4 European nations before Lok Sabha elections

08, Mar, 24

India Business News: Commerce ministry will give the finishing touches to a trade deal with the European Free Trade Association — comprising Switzerland, Norway, Iceland a

India-UK FTA dialogue to enter final stage on Jan 10

09, Jan, 24

The new round of negotiations is expected to be the most difficult because of technical issues and sensitivities, officials said, requesting anonymity. | Latest News India

Next round of negotiations for UK-India trade pact scheduled in January

18, Dec, 23

New Delhi [India], December 18 (ANI): The thirteenth round of negotiations for the UK-India Free Trade Agreement concluded last week, with both sides resolved that they would continue to negotiate towards a comprehensive and ambitious trade pact. The next round of negotiations, the fourteenth, will take place in January 2024. Show Full Article The latest […]

Trade talks with EFTA conclude after 17 years, agreement to be signed ‘in next 10 days’

22, Feb, 24

India and 4 member countries of European Free Trade Association have held 13 rounds of negotiations between 2008 & 2013. Negotiations were placed on hold before resuming in October 2016.

Round 14 of India-UK FTA talks to take place in January 2024

18, Dec, 23

The Ministry of Commerce and Industry announced that the fourteenth round of Free Trade Agreement negotiations between India and the UK will take place in January 2024. The negotiations, which focused on complex issues like goods, services, and investment, will continue.