The dominant global environment accelerates the negotiations for India-EU FTA and although the American reciprocal rate strengthens the justification of current talks for the agreement between India and the EU, it will not define them, said, said EU ambassador to India Herve Delphin. After years of negotiations, India and the EU finally announced a deadline – at the end of 2025 – for concluding the ALE talks during the recent visit to the European Commission Ursula von der Leyen.
When we asked him if compliance with this deadline will be possible, given the differences in import rights on the automobile, wine and spirits, Delphin said that India and the EU had a high level of political engagement and a high determination to make the FTA.
“We would like to see the fruits of the harvest by the end of the year and the next EU India summit. This is what the two leaders expressed during the recent visit to the college. Hold in March, was more positive than the previous towers.
Delphin said discussions continue on the elements of a significant commercial set which would be of mutual advantage. “Likewise, the two parties work to treat key tasks and respective sensitivities. The global environment accelerates negotiations.
“The EU FTAs are fully in line with the WTO. They are positive and respected in the long term. EU companies in general wish to make investments in India. Tackling technical obstacles would be an important incentive for them to intensify their level of investment. And an ALE would be an accelerator for that, “he added.
Asked about Trump’s pricing war, Delphin recalled Von der Leyen’s declaration that the price is bad for trade, business and people and the EU will defend his interests accordingly.
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