India, EU step up efforts to reach FTA this year
Consumers in India and the European Union can hope for mutual imports of goods and services at significantly lower duties, as the two sides have intensified talks to reach a free trade agreement within this year.
In a meeting with Ireland Minister for Enterprise, Jobs and Innovation Richard Bruton Ireland here, Commerce and Industry Minister Anand Sharma said both EU and India are "committed to a balanced and ambitious agreement" within this year.