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India, European Union speed up work on free trade agreement negotiations

The fifth round of negotiations will be held in New Delhi from June 19-23, 2023

Exports, global exports, supply chain
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Photo: Bloomberg

Shreya Nandi New Delhi

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India and the European Union (EU) accelerated work on negotiating texts for a free trade agreement (FTA) and initiated discussions on the modalities of the exchanges of offers on market access in goods, services, investment, and public procurement during the fourth round of negotiations that concluded last month in Brussels.

While both sides have a “deeper understanding” of the sensitive issues in the trade chapter, divergences remained. Both India and the EU agreed to continue internal discussions to bridge as many differences as possible during the next round, according to the report on the fourth round of negotiations released by