The European Union and India launched negotiations on a bilateral free trade and investment agreement in June 2007. However, between the governments, a number of controversies have been plaguing the talks. Delhi wants Brussels to relax its stringent food safety criteria which penalise Indian farm and fishery exports and to make it easier for Indian professionals to work in the EU. Europe is primarily out to win major openings of India’s services sector and broad liberalisation of foreign investment, while India does not want to discuss allowing European firms to compete in India’s government procurement market.
Indian social movements, including fisherfolk and labour unions, people living with HIV/AIDS and other health activists have been mobilizing against the FTA. International actions and campaigns have particularly targeted the proposed intellectual property provisions of the agreement, and the impact of the FTA on access to medicines.
last update: May 2012
European Commission (EC) has raised concerns over negotiations for a fresh bilateral investment treaty (BIT) with India saying that it may not be possible for individual member nations to sign new agreement.
India and EU have failed to made the much-awaited announcement on resumption of long stalled negotiations for a free trade agreement as many bottlenecks still remain.
India and Belgium pitched for resumption of the long stalled negotiations on the proposed India-EU free trade agreement (FTA) on "mutually agreed terms" as Prime Minister Modi and his counterpart Michel resolved to strengthen their bilateral ties.
Deal’s fate rests on ‘talks about talks’ between senior officials as EU demands greater flexibility on imports.
Outstanding issues include the EU demand for a reduction in the duties on automobiles, wines and spirits, and Indian demand for greater movement of professionals.
Chief negotiators of India and EU took stock of "outstanding issues", including duty cut on automobiles and movement of professionals, that have held up talks on the proposed free trade agreement.
As reported in Indian media, senior officials from the European Commission and India are expected to meet today in Brussels to hold talks on resuming negotiations on the proposed European Union-India free trade agreement.
The newly-appointed European Union (EU) Ambassador to India Tomasz Kozlowski said it will not make any sense if the free trade agreement (FTA) talks start from the very beginning. In his first interview to the media, Kozlowski said the EU is preparing its strategy before the chief negotiators of the two countries meet on January 18.
Months after it called off talks between chief negotiators of the two sides on free trade agreement (FTA) to protest against the ban on sale of around 700 pharma products of a domestic company, India will meet officials from the European Union (EU) later next month to “take stock of the negotiations” on the long-pending FTA.
India and EU would soon resume negotiations on the stalled India-EU free trade agreement.