Problems without exchange go up in EFT talks

Developed countries soften their position on the thrust of non-traditional problems such as sustainability and the environment in their negotiations of the free trade agreement (ALE) with India, have declared officials-a change that could smooth out the current discussions with partners such as the EU and the United Kingdom.

“Little by little, these countries suggest starting business first and looking at the rest of the foreign questions later,” one of the officials told and.

India has always argued that non -commercial problems such as sustainability, work and the environment should be treated on international platforms specifically intended for them.
The EU and the United Kingdom insisted on the inclusion of such questions in the proposed trade agreements. Such requests have now become silent, officials said.

The EU carbon border adjustment mechanism and deforestation regulations are such a barrier for trade.

In February, Prime Minister Narendra Modi and the president of the European Commission Ursula von der Leyen had agreed to conclude an ambitious Indian-EU free trade agreement this year.