India and EU Collaborate to Overcome Trade Barriers

In a significant move to strengthen economic ties, India and the European Union (EU) are actively working to reduce both trade and non-trade barriers. This initiative is part of the proposed Free Trade Agreement (FTA), as announced by Commerce & Industry Minister Piyush Goyal. The ambitious goal is to conclude negotiations by the end of 2025.

Focus on Market Access and Supply Chains

"Our negotiations are centered on enhancing market access for businesses, fostering trusted and diversified supply chains, and deepening our partnership to propel economic growth," Goyal emphasized. The discussions also highlighted the importance of innovation, competitiveness, and the pivotal role of investments and mobility in crafting a forward-looking agreement.

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For those keen on staying informed about the latest in business news, updates on bank holidays, and public holidays, this development marks a pivotal moment in international trade relations.