Saturday, Apr 20 2024 | Time 15:59 Hrs(IST)
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Business Economy


India, EU resume negotiations on TEPA

New Delhi, Jun 10 (UNI) Breaking the impasse on FTA negotiations, which was suspended since November, 2013, India and European Union today resumed their talks to take stock of the status of a Trade and Economic Partnership Agreement (TEPA).

The stock-taking meeting was held in an amicable and constructive environment with both the sides expressing their willingness to jointly address the major outstanding issues and agreeing to an early resumption of negotiations and concluding a balanced agreement in a time-bound manner, the Commerce Ministry said in a statement.

The India-European Free Trade Association (EFTA) TEPA negotiations was initiated in October, 2008.

So far, 13 rounds of negotiations have been held at the level of chief negotiators.

UNI ASH PY SW 2025
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