EU’s aggressive environmental regulations biggest hurdles of FTA talks with India: GTRI
2 weeks, 2 days ago

EU’s aggressive environmental regulations biggest hurdles of FTA talks with India: GTRI

Live Mint  

New Delhi, Mar 9 The European Union's aggressive environmental regulations, particularly the carbon tax, deforestation rules, and supply chain due diligence laws are one of the biggest hurdles in the negotiations for a proposed trade pact with India, economic think tank GTRI said on Sunday. These requirements undermine the very purpose of digital trade, making it more difficult for Indian IT firms to offer their services remotely, he said adding a long-standing demand from India is for the EU to recognize it as a 'data secure country' under the General Data Protection Regulation. India may not agree to the EU demands as the government procurement is a major Indian policy support for small firms, especially in sectors like infrastructure, defense, and public services," the report said. "India insists that the EU follow Indian legal procedures for registering GIs, just as Indian products like Darjeeling Tea, Basmati Rice, and Alphonso Mangoes undergo rigorous scrutiny before receiving GI status in Europe," it added.

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History of this topic

Why India must tread cautiously on EU free trade agreement
3 weeks, 1 day ago

Why India must tread cautiously on EU free trade agreement

Firstpost  

India might be much better off instead to strike a side-deal with France and Germany, nations that together account for 40 per cent of the bloc’s GDP, thereby securing a more tailored and potentially advantageous arrangement Like ancient Greek envoys treading the rocky slopes of Mount Parnassus—each wary of the other’s hidden dagger—India now faces negotiations with the European Union …

Why India must tread cautiously on EU free trade agreement
3 weeks, 1 day ago

Why India must tread cautiously on EU free trade agreement

Firstpost  

India might be much better off instead to strike a side-deal with France and Germany, nations that together account for 40 per cent of the bloc’s GDP, thereby securing a more tailored and potentially advantageous arrangement Prime Minister Narendra Modi with European Commission President Ursula von der Leyen prior to a meeting at Hyderabad House, in New Delhi, on Friday. …

India, EU discuss efforts to accelerate FTA talks
3 weeks, 3 days ago

India, EU discuss efforts to accelerate FTA talks

The Hindu  

With India and the European Union setting the year-end deadline to conclude a free trade agreement, teams from both sides held discussions on Saturday to accelerate efforts towards a balanced and mutually beneficial pact. On February 28, Prime Minister Narendra Modi and European Commission President Ursula von der Leyen agreed to seal a much-awaited free trade deal by this year …

‘Agree with PM Modi,’ says EU chief on getting India-EU free trade deal done in 2025
3 weeks, 5 days ago

‘Agree with PM Modi,’ says EU chief on getting India-EU free trade deal done in 2025

Firstpost  

India and the EU are working towards finalising a free trade agreement this year, European Commission President Ursula von der Leyen announced during her visit to New Delhi. European Commission President Ursula von der Leyen with Indian PM Narendra Modi. File Image India and the European Union aim to conclude talks on a free trade agreement this year, European Commission …

EU may not offer concessions to India for CBAM and Deforestation Regulation: Report
3 weeks, 6 days ago

EU may not offer concessions to India for CBAM and Deforestation Regulation: Report

Hindustan Times  

The European Union has hinted that India is unlikely to get relaxations when it comes to the union's carbon-border levy and deforestation regulation, according to a Business Standard report. The report quoted an unnamed senior trade-bloc official as saying that India’s concerns on the Carbon-Border Adjustment Mechanism are “illegitimate,” but that the bloc is ready to address them. The Carbon-Border …

India to work with EU on developing modern tech, secure critical raw material supply chain: Piyush Goyal
2 months ago

India to work with EU on developing modern tech, secure critical raw material supply chain: Piyush Goyal

The Hindu  

Commerce and Industry Minister Piyush Goyal has said that India would work with the European Union to develop cutting edge technologies and secure critical raw material supply chains to strengthen economic ties. The Commerce and Industry Ministry in a statement on Sunday said that India would build a commercially meaningful, fair and equitable trade agenda with the EU, addressing tariff …

India, EU to boost economic ties through tech, supply chains, and trade talks
2 months ago

India, EU to boost economic ties through tech, supply chains, and trade talks

Firstpost  

The India-EU dialogue comes at a time of significant geopolitical shifts, with both sides seeking to counter economic and supply chain dependencies Minister of Commerce and Industry Piyush Goyal accused China of using the World Trade Organisation’s policies to its advantage, flooding various economies with goods at low prices which often do not meet quality standards. India and the European …

India, EU gear up for 10th round of FTA negotiations
3 months, 3 weeks ago

India, EU gear up for 10th round of FTA negotiations

Hindustan Times  

Fresh momentum in India-European Union free trade negotiations has emerged against the backdrop of global uncertainties and shifting geopolitical equations after the US presidential elections, as top negotiators from both sides met in Brussels recently to prepare for the 10th round of talks. India, EU gear up for 10th round of FTA negotiations The 27-member European bloc sees India, with …

In India's FTA talks with EU, sustainability a key issue
7 months ago

In India's FTA talks with EU, sustainability a key issue

Hindustan Times  

New Delhi: The European Union ’s insistence on sustainability measures such as deforestation rules and carbon tax on imports of steel, cement and hydrogen are akin to non-tariff barriers that can impede ongoing free trade negotiations with India, people aware of the development said. The next round of talks for the proposed India-EU free trade agreement is scheduled for September …

EU's proposed carbon tax won't affect trade relationship with India: Bloc's climate policy chief
1 year, 9 months ago

EU's proposed carbon tax won't affect trade relationship with India: Bloc's climate policy chief

ABP News  

Frans Timmermans, the climate policy chief of the European Union, reassured on Friday that the EU's planned carbon tax would not harm its trade ties with India, reported PTI. "If India fulfills all its ambitions in terms of greening the economy and reducing the carbon footprint and creating comparable footprints to the EU, there is no worry that CBAM will …

Current Regime Wants to Facilitate FTA, Says UK India Business Council Chief - News18
1 year, 11 months ago

Current Regime Wants to Facilitate FTA, Says UK India Business Council Chief - News18

News 18  

As India and the UK are scheduled to hold the next round of trade talks on April 24, some top business leaders in both the countries are of the opinion that the political turmoil in the western nation has affected the agreement to a certain extent, but now with Rishi Sunak having taken over as the Prime Minister, things are …

'A Very Important Goal': India-EU Free Trade Agreement A Potential Game Changer, Says Jaishankar
2 years ago

'A Very Important Goal': India-EU Free Trade Agreement A Potential Game Changer, Says Jaishankar

News 18  

External affairs minister S Jaishankar expressed optimism on the proposed free trade agreement with the European Union and hoped that it would conclude soon. Underlining the areas of cooperation such as clean energy, technology transfer, digital transformation, and emerging technologies such as additive manufacturing and AI, the minister said that the India-EU FTA is “a very important goal”. He said, …

india european union freetrade agreement gamechanger jaishankar
2 years ago

india european union freetrade agreement gamechanger jaishankar

ABP News  

External Affairs Minister S Jaishankar on Tuesday said that a Free Trade Agreement between India and European Union would be a game-changer. Speaking at an event at the Confederation of Indian Industry, Jaishankar emphasized that Europe and India can strengthen each other's strategic autonomy by cooperating on critical technologies, reducing dependencies, and ensuring supply-chain restructuring. India and the European Union …

India, EU differ on tech barriers to trade
2 years ago

India, EU differ on tech barriers to trade

Live Mint  

Negotiators from India and the European Union are yet to find common ground on the issue of technical regulations and standards that act as trade or market access barriers, an update on the latest round of talks that concluded in December showed. During the talks between 28 November and 2 December, negotiators discussed technical regulations, standards and conformity assessment articles, …

Climate, labour remain knotty issues in EU FTA
2 years, 2 months ago

Climate, labour remain knotty issues in EU FTA

Hindustan Times  

Several knotty issues related to labour, environment and sustainability that have emerged in negotiations between India and the European Union on a free trade agreement will require political guidance for further progress, people familiar with the matter said on Monday. In the case of trade in goods, a report prepared by the EU side after the third round of negotiations, …

Indian businesses must brace for EU sustainability push
2 years, 4 months ago

Indian businesses must brace for EU sustainability push

Live Mint  

India and Britain’s worker unions recently raised concerns that a UK-India free trade deal could open up the British market to goods produced by child labour and slavery. Once passed by the EU Council and Parliament and codified as national laws by EU member states, large European firms will be held liable for human rights and environment-related violations in their …

UK trade deal with India will hurt climate, environment and the poor, campaigners warn
2 years, 7 months ago

UK trade deal with India will hurt climate, environment and the poor, campaigners warn

The Independent  

The UK’s planned trade deal with India will hurt the climate, the environment and the poor and must be rethought from scratch, say campaigners in both countries. The negotiations – aiming for an agreement by October – are also “anti-democratic” because civil society groups and trade unions are largely shut out, a hard-hitting statement says. But it attacks the UK’s …

India-EU: Global dynamics
2 years, 8 months ago

India-EU: Global dynamics

The Hindu  

With carbon neutrality being the byword to a sustainable world, a host of countries — Norway, Sweden, the United Kingdom, France, Spain, Japan, Germany, Canada, Costa Rica, the United States, Brazil, India, and China among others — have set for themselves net-zero targets for the middle and later part of the century. CBAM: carbon-pricing system To attain carbon neutrality, the …

India-EU to hold next round of FTA talks at Brussels in September
2 years, 8 months ago

India-EU to hold next round of FTA talks at Brussels in September

The Hindu  

India and the European Union concluded the first round of talks for the proposed free trade agreement on Friday and the next round of talks is scheduled at Brussels in September, the Commerce Ministry said on Saturday. India and the 27-nation bloc resumed negotiations on June 17, after a gap of more than eight years, on the proposed agreements on …

How a trade deal with the EU could shape up
2 years, 10 months ago

How a trade deal with the EU could shape up

Live Mint  

After signing comprehensive economic and trade agreements with the United Arab Emirates and Australia, India has stepped up efforts to negotiate a free trade agreement with the European Union. The EU is India’s third largest trading partner, accounting for 11.8% of India’s total trade in 2020-21, after the US and China. India is the EU’s tenth largest trading partner, accounting …

Energy transition: Show us the money
2 years, 11 months ago

Energy transition: Show us the money

Hindustan Times  

On Sunday, European Commission president Ursula von der Leyen said that the European Union and India must step up their cooperation in renewable and clean energy sectors. Ms von der Leyen’s comments on the enhanced EU-India green energy partnership are significant because both are important players in international climate diplomacy and have had an EU-India Clean Energy and Climate Partnership …

UK launches FTA negotiations with India
3 years, 2 months ago

UK launches FTA negotiations with India

ABP News  

London, Jan 13 : The UK government on Thursday announced the launch of free trade agreement negotiations with India, describing it as a "golden opportunity" to put British businesses at the "front of the queue" of the Indian economy. British Prime Minister Boris Johnson said an FTA would take the country's historic partnership with India to the next level, and …

EU unveils tough climate rules, eyes tax on foreign firms
3 years, 8 months ago

EU unveils tough climate rules, eyes tax on foreign firms

Associated Press  

BRUSSELS — The European Union unveiled sweeping new legislation Wednesday to help meet its pledge to cut emissions of the gases that cause global warming by 55% over this decade, including a controversial plan to tax foreign companies for the pollution they cause. European Commission Executive Vice-President Frans Timmermans said that by failing to act now, “we would fail our …

India makes the first move on trade and investment agreement with EU
3 years, 10 months ago

India makes the first move on trade and investment agreement with EU

Hindustan Times  

Union commerce and industry minister Piyush Goyal has written to his counterpart Valdis Dombrovskis last week to initiate the process for resumption of trade and investment negotiations following a decision in this regard arrived at the India-EU Leaders' Summit on May 8. According to officials in Delhi, Union minister Goyal has always emphasised that negotiations on both investment and free …

India should now aggressively pursue free trade agreements with EU, UK: Trade experts
4 years, 3 months ago

India should now aggressively pursue free trade agreements with EU, UK: Trade experts

Live Mint  

With European Union and the UK clinching a post-Brexit trade pact, India should now aggressively pursue free trade agreements separately with both the regions, according to experts. Although it is premature to assess the gains for India from the agreement between European Union and the UK, Indian goods would not get much benefit from this pact, they said. FIEO President …

In a post-Brexit scenario, EU may rework FTA with India
6 years, 4 months ago

In a post-Brexit scenario, EU may rework FTA with India

Live Mint  

New Delhi: The European Union may be looking at reworking the proposed free trade pact with India —called the Broad Based Bilateral Trade and Investment Agreement —in a post-Brexit scenario, negotiations for which have dragged on for 11 years with little progress. In a strategy paper for India released on Tuesday, the EU did not mention BTIA, but sought to …

Germany voices support for FTA between India and EU
11 years, 11 months ago

Germany voices support for FTA between India and EU

India TV News  

Berlin, Apr 11 : Germany has voiced its support for an early conclusion of the long drawn out negotiations between India and the European Union on a free trade agreement, saying the move will be in the interest of both countries. An early signing of an ambitious free trade agreement between India and the EU will be an important step …

BJP calls for halt in FTA negotiations with European Union
11 years, 11 months ago

BJP calls for halt in FTA negotiations with European Union

The Hindu  

Warning that the proposed Free Trade Agreement with the European Union would seriously jeopardise Indian interests, the Bharatiya Janata Party on Wednesday demanded that the government halt the negotiations on the FTA and the Bilateral Trade and Investment Agreement pending political consensus. Speaking at a news conference here, senior BJP leader Murli Manohar Joshi demanded an immediate release of negotiating …

Why India's FTA with EU is very bad for its people
11 years, 11 months ago

Why India's FTA with EU is very bad for its people

Firstpost  

What the EU is looking for is India lowering its tariffs and allowing easy flow of their products in to the country, which already has a bad trade deficit with all its FTA partners except Singapore and Sri Lanka Even as India enters the final phase of the negotiations for its controversial Free Trade Agreement with European Union, the country …

'Unacceptable' EU emission law, deal breaker in climate talks: India
12 years, 11 months ago

'Unacceptable' EU emission law, deal breaker in climate talks: India

Firstpost  

A European Union law that charges airlines for carbon emissions is “unacceptable” and would be a “deal breaker” for global climate change negotiations, Environment Minister Jayanthi Natarajan said on Wednesday. New Delhi: A European Union law that charges airlines for carbon emissions is “unacceptable” and would be a “deal breaker” for global climate change negotiations, India’s Environment Minister Jayanthi Natarajan …

EU raises heat on India over climate deal
13 years, 3 months ago

EU raises heat on India over climate deal

The Hindu  

The European Union on Friday blamed India for blocking a new legally-binding agreement, saying New Delhi was maintaining a “relatively tough stand”, preventing countries from arriving at a conclusion in Durban. EU climate commissioner Connie Hedegaard said there were two sticking points with India — the future of the legal form of the agreement and the timeframe in which countries …

India not a deal breaker on climate talks: EU
13 years, 3 months ago

India not a deal breaker on climate talks: EU

The Hindu  

India and European Union seem to be on a collision course with New Delhi saying that it will only stick to its voluntary domestic pledge on carbon emission cuts even as the 27-member block insists the stand is not acceptable. As Environment Minister Jayanthi Natarajan landed in Durban for the climate talks, the European Union said that it had not …

India-EU FTA talks set to gather pace
13 years, 4 months ago

India-EU FTA talks set to gather pace

The Hindu  

India and the European Union will undertake intense negotiation over the next four months in an attempt to tie-up the Free Trade Agreement before their next summit in February, EU Trade spokesman John Clancy said in a statement. His latest optimism reflects similar sentiments expressed six months ago when Mr. Tracy listed the same three areas — tariffs, services and …

India, EU put FTA on fast track
15 years, 4 months ago

India, EU put FTA on fast track

The Hindu  

Even as the 10th India-EU summit decided to put the negotiations for a Free Trade Agreement on the fast track, India on Friday made it clear that only trade and investment issues were up for negotiations and there was no way it would talk on non-trade issues like child labour and environmental laws. On the climate change issue, both India …

EU favours FTA with India
15 years, 6 months ago

EU favours FTA with India

The Hindu  

Negotiations on the Indo-European Union Free Trade Agreement, which commenced in 2007, are still some distance away from yielding a result, said the Head of the Delegation of the European Commission in India, Ambassador Danièle Smadja. Mrs. Smadja, who was here to open the Bangalore chapter of the European Business Group, said, “Real negotiations between the two sides have not …

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