India, EU to resume FTA dialogue today : Diplomat

Posted by Daily Shipping Times on 12-04-2018        Tweet

GUWAHATI: India and the European Union will meet recently in Brussels to take forward discussions on the Free Trade Agreement between the two regions, a top diplomat said.

"The goods and services trade with India exceeded 100 billion Euro last year. The current trade deficit is very balanced between India and the EU," EU Ambassador to India Tomasz Kozlowski said recently. Identifying India as a "natural partner", he said the Country will remain one of the main trade destinations for the EU.

On the Free Trade Agreement (FTA), Kozlowski said, "We are in the process of formalising the FTA. This is a complex issue, but we are approaching with an open mind. On April 12, another meeting will take place in Brussels between the FTA chief negotiators."