EU, India will talk to ink Free Trade Agreement soon
 Source : NewsBharati  Date : 07-Feb-2018

New Delhi, February 7: European Union and India will soon see a broad-based trade and investment treaty with the next round of talks between the chief negotiators, the EU’s ambassador to India Tomasz Kozlowski said on Tuesday.

The negotiators met informally for one round of talks in November and expert-level contacts were on, Kozlowski said, adding that the next meeting between chief negotiators would happen in the near future.

“We are very much engaged in discussing the agreement,” he said of the India-EU Free Trade Agreement (FTA), discussions for which started back in 2007. Since 2013, the talks have been on hold.

Kozlowski said discussions were underway between Euratom and India's Department of Atomic Energy for an agreement on research and development on the peaceful use of nuclear energy.

Talks are also progressing between the EU and the Indian Space Research Organisation (ISRO) for a pact on cooperation in the area of earth observation, the envoy said.

"The European Union is committed to negotiate and conclude Free Trade Agreement, both trade and investment agreement, with India. We are committed to that," he said.

"And now, we have a series of contacts at experts level discussing different aspects of the possible agreement. The next meeting of chief negotiators will be held soon. We are very much engaged in the process of discussing a possible agreement," Kozlowski said.