The proposed Free Trade Agreement (FTA) between India and the European Union is presently in the last leg of negotiations and “chances are talks may close by December,” Commerce Secretary Rajesh Agarwal said on October 15.

“The talks are progressing well…and we are hopeful it will be concluded soon. In the last leg the toughest things are decided as they are kept for at the end. We saw real progress in the last round that took place and we are hopeful that are teams will iron out remaining differences and talks will conclude soon,” Agarwal said.

The 14th round of talks for the FTA took place in Brussels between October 6-10 with discussions covering 12 policy chapters across 91 technical sessions, with a focus on areas such as market access for goods, services and rules of origin.

Agarw

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