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India- European Union Broad-based Bilateral Trade and Investment Agreement (India- EU BTIA) negotiation started in 2007 and after sixteen rounds of negotiations (the last being in 2013), EU withdrew from the negotiations due to some outstanding issues.
Four rounds of stocktaking meetings of India- EU BTIA negotiation have been held since January, 2016 - on 18th January, 2016 (in New Delhi), 22nd February, 2016 (in Brussels), 15th July, 2016 (in New Delhi) and 9th November, 2016 (in New Delhi) in order to proceed with the negotiations. India is committed to an early and balanced outcome of the India- EU BTIA negotiations.
This information was given by the Commerce and Industry Minister Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.
India-EU trade agreement negotiations: renewed stocktaking meetings signal India's commitment to an early, balanced bilateral outcome. The India EU Broad based Bilateral Trade and Investment Agreement (India EU BTIA) negotiations began in 2007 and reached sixteen rounds until 2013 when the EU withdrew over unresolved issues; since January 2016 four stocktaking meetings have been held to reassess progress, and India has stated its commitment to an early and balanced outcome of the negotiations.Press 'Enter' after typing page number.