India and EU to resume negotiations for FTA after 8 years
The Hindu
India and EU also launched comprehensive connectivity partnership.
India and the European Union have agreed to resume talks for a balanced, ambitious and comprehensive trade agreement and also launch negotiations for a stand-alone investment protection pact, the External Affairs Ministry said on Saturday. These decisions were taken during a virtual summit between Prime Minister Narendra Modi and the heads of state or government of all the 27-member states of the bloc with a focus on expanding overall cooperation in areas of trade, investment and connectivity. The two sides also launched a sustainable and comprehensive connectivity partnership, the ministry said and described the summit as a “watershed” moment in the ties.
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