India and the European Union (EU) are gradually moving towards convergence in terms of finalising the Free Trade Agreement (FTA), Commerce Minister Piyush Goyal said on Wednesday. The Indian delegates along with Goyal had a meeting with European trade negotiators, as they visited Brussels from October 26-28.
“We have agreed to close 10 out of 20 chapters. Another four or five chapters have in principle been broadly decided. And on more and more issues, we are leading towards convergence so that when their team visits next week for the next round of negotiations or the Trade Commissioner visits India, maybe end of November or sometime in December, we should be in a position to make significant and substantial progress towards closure,” said Goyal while addressing the media on Wednesday.
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