New Delhi: India and the European Union have tracked their free trade negotiations rapidly, intense consultation on important market access issues such as ending tariffs and non-tariff barriers Next round of conversation starting from July 7 in BrusselsPeople familiar with the matter said that both sides have already agreed to the fourth place of the 24-chapter deal.
With only six months for the deadline already stated to eliminate a balanced, justified and mutually beneficial deal, both sides focus on the main elements of the proposed Free Trade Agreement (FTA), requesting couples, oblivion. He said that main elements include goods, services trade, bilateral investment, rules of origin (ROO), sanitary and phytosanator (SPS) measures and technical obstacles for business (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) (TBT) remove major cases.
“We have already received the consensus on several peripheral chapters, it is also important for the smooth functioning of the FTA. These include good regulatory practices (GRPs), transparency, customs matters in customs cases, containing mutual administrative assistance, business facility and intellectual property rights (IPR),” said one of them.
Another person said that many other chapters have also achieved common base. He said, “The dialogue has intensified and the dialogue has gained significant speed. The frequency of the meetings, both virtual and face to face, increased considerably after the two leaders agreed to make a deal by the end of 2025,” he said. During the visit of European Union’s College of Commissioners to India on February 28, 2025, its chairman Ursula von Der Leyen and Prime Minister Narendra Modi announced that the FTA agreement would be concluded by the end of this calendar year.
“Earlier, the rounds of conversation occurred once or in a quarter. After a clear time limit, negotiations are taking place almost every month. In fact, the engagement is so intense that the two teams continue to be between two consecutive rounds. For example, for example, before the 11th round and after the 11th round ended on 16 May and ended on May 16 in New Dale, two sides added 11 and May. Are working from
The talks between India and European Union teams are completely connected, many major decisions and concessions will require political direction. It is expected that the European Union member country and Indian political leadership will take necessary decisions at the right time, a third person said. “Prime Minister Modi’s visit to Croatia for the first time is also important for the proposed FTA to return from the G7 Summit in Canada as it is one of the members of the European Union,” he said. In an interview with Akashwani News in Zagreb, Indian Ambassador to Croatia Arun Goyal said that the Indian Prime Minister’s first visit is “significant importance” in the convenience of India-EU FTA.
Earlier, addressing the CEO in Cyprus on Monday, the PM said: “Last month, an ambitious FTA had an agreement between India and the UK. Now, we are committed to fulfill an FTA between India and the European Union by the end of the year. The negotiations have taken up speed. Its benefits will be available to all of you.”
India and the European Union resumed their FTA talks in June 2022 after a gap of nine years. Since then, he has ended 11 rounds of conversation. European Union members Austria, Belgium, Bulgaria, Croatia, Cyprus, Chechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Poland, Slovenia, Slovenia, Romania, Romania, Slovenia, Romania, Romania, Romania, are Romania, Romania, Slovenia.
India and the European Union have strong bilateral trade and investment relations. According to government data, bilateral trade trade with the European Union was more than $ 135 billion (exports to the European Union $ 76 billion and $ 59 billion from the European Union). It is the largest trading partner for India in goods. Services in 2023 had bilateral trade $ 53 billion (including $ 30 billion exports and $ 23 billion imports). The European Union investment in India is more than $ 117 billion with about 6,000 European companies in India. India’s investment in the European Union is around $ 40 billion.
According to the above mentioned people, FTA is one of the engines promoting India’s trade. India is actively chasing three FTAs. While the United Kingdom has already been concluded and is expected to be signed after legal scrubbing, soon deals with the European Union and the United States are expected to be expected. Apart from this, conversations are going on for three other FTAs тАЛтАЛwith New Zealand, Peru and Chile,
