India, EU lay roadmap to strengthen trade and investment
Commerce and industry minister Piyush Goyal and European commissioner for trade and economic security Maroš Šefčovič discussed mutually beneficial trade and investments, and plan to expedite the free-trade agreement (FTA) during their first in-person meeting in Brussels on 18-19 January.
The two leaders reviewed progress under the India-EU Trade and Technology Council (TTC), addressed legacy issues, and established a roadmap for continuous consultations at senior official and ministerial levels, ministry of commerce said in a statement on Sunday.
The dialogue signals a renewed push to advance negotiations on the India-EU FTA, a pact that has faced hurdles over the years due to differences on issues such as market access, tariff reductions and regulatory alignment.
Goyal, reaffirming the Modi government’s commitment to making India a developed nation by 2047, proposed a six-point agenda to guide the India-EU partnership.
