India seeks free trade accord with European Union: report

India seeks free trade accord with European Union: report

Tue Aug 29 2006

BERLIN (AFP) - India wants to sign a free trade agreement with the
European Union, Indian Trade Minister Kamal Nath said in an interview to the German newspaper Handelsblatt.

"Prime Minister Manmohan Singh, during a European summit in Finland in October, will call for the start of negotiations on an Indian-EU free trade agreement," Nath was quoted as saying.

He described India and the European Union as natural trading partners.

The two parties are also key members of the
World Trade Organization and principal players in the Doha Round global trade liberalization talks, which are currently at a standstill.

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source: AFP