(Video) Rajya Sabha TV (RSTV) India's World: India-EU Free Trade Agreement

Rajya Sabha TV (RSTV) India's World


(Video) Rajya Sabha TV (RSTV) India's World: India-EU Free Trade Agreement


Topic: India-EU Free Trade Agreement

Guest:

  • Gurjit Singh, (Former Ambassador)
  • Ummu Salma Bava, (Professor, Centre for European Studies, JNU)
  • Pramit Pal Chaudhuri, (Foreign Affairs Editor, Hindustan Times)

Topic Description:

The European Union (EU) has sought an early meeting for a new high-level mechanism with India to take forward discussions on a trade and investment agreement, Indian officials said on Thursday. The two sides had agreed to set up the high-level mechanism during the India-EU Summit in July. The EU’s trade commissioner raised the matter with the Indian side and discussions are underway to have a meeting of the mechanism soon, said joint secretary (Europe West) Sandeep Chakravorty of the external affairs ministry. External affairs minister S Jaishankar had said on Wednesday that India is interested in a fair and balanced free trade pact with EU. Referring to a long-delayed proposal for a free trade agreement (FTA) with EU, Jaishankar said the Indian government had spoken of the need to resume negotiations on this. India and Luxembourg on Thursday held their first bilateral summit in two decades and signed three agreements even as discussions on the India-EU trade agreement were initiated by New Delhi. Out of six recent virtual summits, India has had four with European countries - EU, Denmark, Italy and Luxembourg.

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Courtesy: RSTV