Indo-eu Trade
Strong political push to seal FTA with India by 2025 end: EU ambassador
European Union Ambassador to India Herve Delphin on Wednesday said that there is "strong political commitment" from both sides to conclude the revamped India-EU Free Trade Agreement by the end of 2025. Of the 23 chapters under discussion, 11 have already been closed. Important chapters still under negotiation include market access for cars, steel, some aspects of services and investment and technical barriers to trade, Ambassador Delphin said. "No doubt, there is a strong political commitment to conclude the FTA negotiations by the end of the year," he added. Herve Delphin stated that a 40-member EU negotiator team is arriving in Delhi this week to resolve lingering hurdles. Current bilateral goods trade stands at approximately USD 136 billion, making the EU India's third-largest trading partner after the US and China. Delphin emphasised that the agreement is WTO-compatible and not a zero-sum game. EU and India combined represent 25 per cent of world GDP and 25 per cent of global
 "Strong political push to seal FTA with India by 2025 end: EU ambassador")
Europe wants a reliable partner; India needs to act cautiously and step up
The European Union seeks concessions from India, tolerating ties with Russia and oil export; now India must reciprocate, avoiding unnecessary moves that would further strain EU's trust
 "Europe wants a reliable partner; India needs to act cautiously and step up")
Commerce Secretary Sunil Barthwal to push FTA talks with EU in September
Finalising a trade deal with the trade bloc has been a key priority for New Delhi, and it has now become even more critical
 "Commerce Secretary Sunil Barthwal to push FTA talks with EU in September")
RSS-backed meet to discuss US, EU protectionism and India's response
Union ministers, CMs, economists to attend
 "RSS-backed meet to discuss US, EU protectionism and India's response")
ICT levy dispute at WTO: EU softens stance on retaliating against India
According to the European Commission, EU exports of such technology affected by India's violations is up to €600 million annually, which is significant
 "ICT levy dispute at WTO: EU softens stance on retaliating against India")
India and European Union likely to resolve ICT dispute by December
In June, they urged the WTO's dispute settlement body to mutually defer an appeal, which was pushed by 180 days - in two tranches of 90 days, each
 "India and European Union likely to resolve ICT dispute by December")
Indian companies prep for EU's CBAM as transitional phase kicks in
Starting from October 1, the carbon border adjustment mechanism (CBAM) will be applicable to exports of cement, iron and steel, aluminium, fertilisers, and hydrogen to the EU
 "Indian companies prep for EU's CBAM as transitional phase kicks in")
India, European Union talk the ongoing trade deal, market access
India and the EU had in April last year agreed to establish a "Trade and Technology Council", to tackle the challenges at the nexus of trade, trusted technology and security
 "India, European Union talk the ongoing trade deal, market access")
India, EU set up three working groups under Trade and Tech Council
Ministerial meet of Council to be held within two weeks
 "India, EU set up three working groups under Trade and Tech Council")
What is India-EU Trade and Technology Council?
India and the European Union agreed to establish a Trade and Technology Council early this week. What it is and what both sides will gain from it, watch this report to know more.
 "What is India-EU Trade and Technology Council?")
Expiring bilateral treaties holding up Indo-EU trade talks, says official
EU vice-president Jyrki Katainen said the lack of a suitable agreement in place of the earlier treaties was a serious concern
 "Expiring bilateral treaties holding up Indo-EU trade talks, says official")
