India EU Business Update – India-EU Free Trade Negotiations

March 20, 2017 11:31 am

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India-EU Free Trade Negotiations

India- European Union Broad-based Bilateral Trade and Investment Agreement (India- EU BTIA) negotiation started in 2007 and after sixteen rounds of negotiations (the last being in 2013), EU withdrew from the negotiations due to some outstanding issues.

Four rounds of stocktaking meetings of India- EU BTIA negotiation have been held since January, 2016 – on 18th January, 2016 (in New Delhi), 22nd February, 2016 (in Brussels), 15th July, 2016 (in New Delhi) and 9th November, 2016 (in New Delhi) in order to proceed with the negotiations. India is committed to an early and balanced outcome of the India- EU BTIA negotiations.

This information was given by the Commerce and Industry Minister Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.

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