India-EU free trade pact likely to be signed next year

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Hindu Business Line | 17 Jan 2014

India-EU free trade pact likely to be signed next year

Ashwini Phadnis

New Delhi — India and the European Union will have a free trade agreement most likely in the first half of 2015, EU Ambassador to India Joao Cravinho, said on Friday.

He said that both the countries have come a long way and most of the issues have been addressed.

There are some issues with regard to spirits, automobiles and car parts, services and to lesser degree to procurement, he added.

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