India, EU to resume FTA talks on May 12, agree to speed up progress

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India, EU to resume FTA talks on May 12, agree to speed up progress - Business Standard

Quick Summary:

India and the European Union (EU) have decided to accelerate efforts to advance the negotiations for the proposed free trade agreement (FTA), with the next round scheduled to begin here on May 12, the commerce ministry said on Tuesday.

Additional Secretary in the Department of Commerce L Satya Srinivas said that the tenth round of talks focused on areas like market access offers in goods, services, investment and government procurement.

Further, he said that negotiations for a comprehensive economic partnership agreement (CEPA) between India and South American nation Chile was launched on April 1.