Key Points

Two top EU commissioners are visiting India for crucial trade talks. They will meet Commerce Minister Piyush Goyal to accelerate FTA negotiations. Germany has thrown its full weight behind finalizing the agreement quickly. The trade deal is expected to be implemented later this year after completion of ratification processes.

Key Points: EU Commissioners Sefcovic Hansen Visit India for FTA Talks with Goyal

  • EU Commissioners to meet Commerce Minister Piyush Goyal on September 12-13
  • Talks aim to expedite India-EU Free Trade Agreement negotiations
  • Germany reaffirms full support for finalizing the FTA quickly
  • Agreement expected to be implemented later this year after ratification
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EU Commissioners to visit India on Sept 12-13 for FTA talks with Commerce Minister Piyush Goyal

EU Trade Commissioner Maros Sefcovic and Agriculture Commissioner Christophe Hansen meet India's Piyush Goyal Sept 12-13 to accelerate India-EU Free Trade Agreement negotiations.

"Germany is in full support of carrying this Agreement, negotiated as soon as possible - German Foreign Minister Johann Wadephul"

New Delhi, September 9

European Trade Commissioner Maros Sefcovic and Commissioner for Agriculture and Food Christophe Hansen will visit India on September 12-13 to lead the negotiations on the Free-Trade Agreement (FTA) between India and the European Union.

The Commissioners will hold talks with Union Minister of Commerce Piyush Goyal to expedite the FTA negotiations and strengthen ties between both countries.

In a post on X, the EU Embassy in India said, "On 12-13 Sept, EU Trade Commissioner Maros Sefcovic and Agriculture & Food Commissioner Christophe Hansen will be in town to meet Minister Piyush Goyal, take stock & power up India-EU business ties and connect with key stakeholders."

https://x.com/EU_in_India/status/1965352780954304612

According to a government official, Union Commerce and Industry Minister Piyush Goyal will meet the European Union's Trade Commissioner on Friday after the 13th round of talks resumed on Monday.

The India-European Union Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) is expected to be implemented later this year, once all parties complete their ratification processes.

Earlier, German Foreign Minister Johann Wadephul reaffirmed his country's commitment to finalising the Free Trade Agreement (FTA) between India and the European Union as soon as possible.

During a delegation-level meeting with External Affairs Minister S Jaishankar, Wadephul stated that Germany is fully supportive of the agreement and will utilise its influence with the European Commission to push it forward.

"Germany is in full support of carrying this Agreement, negotiated as soon as possible," Wadephul said. "We are a free trade nation...the EU is working on (the Agreement with) India, that's the most important to us. I hope really that we can be successful." He added that Germany will utilise all its arguments with the Commission to advance the FTA and enhance relations between their countries and the EU and India.

"You can be assured that we will use all arguments we have with the Commission to put this forward and to reach a level between our countries and between the EU and India on this," he added.

- ANI

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Reader Comments

P
Priya S
Good to see Germany pushing for this agreement. EU market access could be a game-changer for our IT and pharmaceutical sectors. Fingers crossed for a balanced deal! 🤞
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Aditya G
Hope our government protects Indian agriculture interests. EU subsidies make their products artificially cheap - our farmers need safeguards against dumping.
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Sarah B
As someone working in export business, this FTA has been long overdue. Reduced tariffs will make Indian products more competitive in European markets. Great news for Make in India!
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Vikram M
While I support free trade, I hope our negotiators don't compromise on data localization and digital sovereignty. EU's digital regulations often conflict with our interests.
M
Michael C
Strong India-EU partnership is crucial for global trade stability. Hope this agreement includes provisions for technology transfer and joint research initiatives.
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Ananya R
Good move! But I hope the agreement also addresses mutual recognition of educational qualifications and easier visa processes for professionals. That would be a real win-win 🎯

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