BRUSSELS, June 18 — The European Union and India yesterday relaunched negotiations to forge a free trade agreement, with the aim of completing talks by the end of 2023. “This...
BRUSSELS, June 18 — The European Union and India yesterday relaunched negotiations to forge a free trade agreement, with the aim of completing talks by the end of 2023.
The two sides previously launched talks in 2007, but they were frozen in 2013 due to lack of progress. EU and Indian leaders agreed in May 2021 to resume negotiations. “For the European Union, the partnership with India is one of the most important relationships for the upcoming decade”, Dombrovskis said.The two sides will also hold separate discussions to create agreements to protect investment and region-specific agri-food product names such as champagne or feta cheese, known as geographical indications.
A deal with India could act as a counter-balance to China’s growing influence in the region. The EU is also aware that former EU member Britain is also pushing for a trade accord with India.
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