India and the EU initiate the 7th round of FTA negotiations in New Delhi.

India and the EU commence the 7th round of negotiations on the Free Trade Agreement (FTA) in New Delhi, alongside talks on an Investment Protection Agreement (IPA) and Geographical Indications (GIs). The FTA is complex, with EU demands including easing trade for smaller European firms, opening Indian markets, and negotiations based on reciprocity and protecting MSMEs. A breakthrough is unlikely before India's general elections and European Parliament polls. Meanwhile, India-UK FTA talks have progressed, with 12 rounds completed and the 13th ongoing, covering electric vehicles, whiskey, and professional movement.

February 18, 2024
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