India -U -Trade Agreement will be successful in two phases, another round of discussions were successful -India's EU trading program results two phase agreement planned

Another round of discussions on the proposed free trade agreement (FTA) between India and the European Union (EU) have been completed. It was agreed between the two parties to compromise in two phases. This decision was made due to uncertain global trading environment. The recent dialogue focused on the proposals for market access to goods and investments. Pti, New -Delhi. Another round of discussions on the proposed free trade agreement (FTA) between India and the European Union (EU) have been completed. An official said that the 16th round of talks agreed to compromise between the two parties in two phases. Due to the conditions made by the indefinite atmosphere of global trade, especially US President Donald Trump’s tariff statement, it was agreed to conclude the trade agreement in two phases. The official said both parties in recent discussions focused on the proposals for market access to goods, services and investment. India also died in two phases with Australia on trade agreements, and now talks with the US are held from the same point of view. If there is a trade agreement between the two parties, items such as India’s Readymade Garmets, medicine, steel, petroleum products and electrical machinery may be more competitive in the EU markets. Every latest news and accurate information from the country and the world, every moment on your phone! Download now- Jagran app