<h1>India-EU Aim for Ambitious Trade Agreement by 2012; India-Belgium Explore Diversifying Trade Beyond Diamonds.</h1> India and the European Union are committed to finalizing a balanced and ambitious Broad-based Trade and Investment Agreement (BTIA) by early 2012. The 13th round of negotiations was held in Delhi, focusing on enhancing market access for goods and services. India and Belgium, a key trading partner within the EU, are exploring ways to diversify their trade, which is currently dominated by the gems and jewelry sector, particularly diamonds. In 2010-11, Indo-Belgium trade grew significantly, with exports to Belgium increasing by 67.49% and imports by 43.04%. Both countries are looking to expand into sectors like pharmaceuticals, biotechnology, and renewable energy.