EU Trade Mission Arrives in Delhi: Crucial FTA Talks Before 2025 Deadline

An important EU trade delegation is heading to Delhi next week for crucial negotiations. They're working against a tight deadline to finalize a Free Trade Agreement by 2025. The team plans extensive meetings with Indian ministers and business leaders. Both sides are pushing for a meaningful agreement that benefits their mutual economic interests.

Key Points: EU Delegation Delhi Trade Talks Free Trade Agreement Negotiations

  • Seven-member EU delegation led by co-chairs Maestre and Benifei visiting Delhi
  • Mission aims to increase mutual understanding amid intensive trade negotiations
  • Delegation meeting Indian ministers, industry bodies and civil society
  • Any final agreement requires European Parliament consent for approval
  • Focus on sustainability issues and labor rights during stakeholder discussions
  • Meetings scheduled with European business federation and Indian industry groups
2 min read

EU team to arrive in Delhi on Monday for trade talks

EU trade committee delegation arrives in Delhi for critical FTA negotiations aiming for 2025 conclusion. Meetings with Indian ministers, industry leaders and stakeholders scheduled.

"The mission is timely, taking place just a few months ahead of the deadline to conclude negotiations for a Free Trade Agreement by the end of 2025 - Cristina Maestre and Brando Benifei"

Brussels, Oct 24

A delegation of members of the committee on International Trade will be travelling to New Delhi next week, from October 27 to 29, to discuss trade, economic and investment relations between the EU and India, according to an official statement.

The delegation of seven members will be led by Cristina Maestre and Brando Benifei. Ahead of the visit, the two co-chairs stated: “The main objective of this visit is to contribute to increasing our mutual understanding amid intensive trade negotiations between the EU and India. The mission is timely, taking place just a few months ahead of the deadline to conclude negotiations for a Free Trade Agreement by the end of 2025. We look forward to discussing the issues at stake as both sides have a mutual interest in reaching a meaningful bilateral agreement and in protecting the rules-based multilateral trade order".

During the mission, Members of the European Parliament will engage with a variety of stakeholders in order to receive first-hand information on the opportunities and challenges posed by these trade negotiations, the statement said.

INTA Members are set to hold various meetings at both ministerial and parliamentary levels. Members will meet with the Federation of European Business in India and with the Confederation of Indian Industry. Other meetings will be organised with civil society working on sustainability issues and with workers and employers' representatives and organisations working on labour rights.

The International Trade Committee has been carefully scrutinising the negotiations between the EU and India to date, and any agreement reached would be subject to the consent of the European Parliament, the statement said.

Besides the two co-chairs, Cristina Maestre and Brando Benifei, the delegation is composed of Juan Ignacio Zoido, Waldemar Buda, Barry Cowen, Vicent Marza Ibanez and Angelika Niebler, Chair of the EP delegation for relations with India.

- IANS

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Reader Comments

R
Rohit P
Finally some progress! But I hope our government doesn't compromise on our farmers' interests. European agricultural subsidies are massive - we need to protect our agriculture sector while getting better access for our services and manufacturing.
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Arjun K
Good to see comprehensive stakeholder consultations planned. Both CII and sustainability groups being involved shows balanced approach. Hope this leads to a win-win agreement that boosts Make in India while maintaining high standards.
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Sarah B
While I support trade agreements, I'm concerned about the sustainability and labor rights aspects. European standards are much higher - hope this doesn't become another way for developed countries to impose conditions that hurt our competitive advantage.
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Vikram M
️2025 deadline seems ambitious given the complexity. Data localization, digital trade, and professional mobility are key issues. Hope our IT professionals get better visa access to EU markets. That would be a game-changer for our tech industry! 💻
M
Michael C
As someone working in export business, this FTA could really boost our textile and handicraft exports to Europe. The timing is perfect with global supply chains shifting away from China. Let's make the most of this opportunity! 🚀

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