In Brussels, India’s Commerce Minister Piyush Goyal met with EU Trade Commissioner Maros Sefcovic to discuss the ongoing negotiations for a free trade agreement (FTA) between India and the European Union. This high-level meeting marks a critical step as both parties work towards finalizing an early harvest trade agreement by July.
The key points of the talks include:
- Reducing tariffs
- Boosting economic cooperation between India and EU member countries
- Resolving key issues to unlock new trading opportunities
- Improving market access
- Enhancing bilateral cooperation
Minister Goyal emphasized the importance of a balanced and mutually beneficial agreement that supports growth and investment, while Commissioner Sefcovic highlighted the EU’s commitment to open and fair trade relations with India.
Both sides remain optimistic about reaching a consensus soon, which could pave the way for:
- Stronger economic ties
- Increased trade flows between India and Europe
Stay tuned for more updates from Questiqa Europe News on this evolving trade partnership.
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