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Exports: 3rd India-EU HLD takes stock of ongoing trade-investment negotiations

Fiinews by Fiinews
August 28, 2023
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Goyal-Dombrovskis broadly discussed India-EU market access issue

The 3rd High Level Dialogue (HLD) has taken stock of ongoing three negotiations between India and EU during a meeting co-chaired by the Commerce and Industry Minister Piyush Goyal and Valdis Dombrovskis, the European Commission Executive Vice-President for an Economy that Works for People & Trade Commissioner.

These are the India-EU Free Trade Agreement; a standalone Investment Protection Agreement; and a Geographical Indications Agreement.

The Ministers acknowledged at the HLD held 26 Aug 2023 that both sides have made good progress in the ongoing three negotiations.

The HLD is an outcome of the decision taken at the 15th India-EU Leader’s Summit held in July 2020, with an objective for a Ministerial level guidance towards the bilateral trade and investment relations.

The Ministers broadly discussed about the market access issue of both sides and review the progress made so far under the India-EU Trade and Technology Council.

The upcoming MC-13 matters were also briefly discussed during the meeting.

Goyal appreciated the visit of Dombrovskis and extending his support for recent G20 Trade and Investment Minister’s Meeting held in Jaipur on 24-25 Aug 2023.

The meeting concluded with both the Ministers expressing confidence on the ongoing three negotiations and committed themselves towards deepening of the India-EU commercial and economic partnership. Fiinews.com

Tags: Ministry of Commerce and Industry
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