India and the EU are making last ditch efforts to resolve differences and conclude negotiations on free trade agreement (FTA), in the runup to their next month's summit in Brusselss that will be attended by Prime Minister Manmohan Singh.
Commerce and Industry Minister Anand Sharma and EU trade commissioner Karl De Gucht will meet in Brussels (European Union Head Quarters) tomorrow to review the process of negotiations for a broad based pact to further open up the bilateral trade of USD 75 Billion.
Indian and the 27-nation block have been engaged in negotiations since 2007 for a Bilateral Investment and Trade Agreement (BITA) for opening commerce in merchandise by reducing and eliminating duties.
No comments:
Post a Comment