India, EU likely to restart FTA talks on August 28, 2015
Source: PTI After a gap of about two years, India and the European Union are expected to resume negotiations on August 28 on the proposed free trade agreement (FTA) to boost two-way commerce and investment. India's chief trade negotiator J S Deepak, Additional Secretary with the Commerce Ministry, and his European Union counterpart Ignacio Garcia Bercero will meet on August 28, an official said. "It would be a full-fledged round," the official said. No negotiations were held after both sides failed to bridge gaps on crucial issues in May 2013. The India-EU trade talks, formally known as the Broad-based Trade and Investment Agreement (BTIA), remain stuck as both sides are not satisfied with each other's offers. The talks were launched in ...
Business-Technology collaboration key for India-EU trade
The Dollar Business Bureau The collaboration between business and technology transfer is a key element that drives the India-European Union (EU) trade, said a top Commerce Ministry official on Friday. Dammu Ravi, Joint Secretary, Foreign Trade (Europe), Ministry of Commerce and Industry, said, “Make in India will drive collaborations as European companies will start producing in India, as conditions are right for that to happen and to sell goods for global markets.” The Commerce Ministry official was speaking at the inaugural session of the ‘India-EU Business Conclave’, organised by the Associated Chamber of Commerce & Industry (ASSOCHAM), in New Delhi, on Friday. Speaking at the event, the official further said the businesses in India need to adopt technologies in ...
