The India-EU Free Trade Agreement (FTA) is now undergoing “legal scrubbing” and both sides are committed to concluding the process swiftly for its signing and coming into force, possibly this year, EU Ambassador to India Herve Delphin has said.
Speaking to PTI, he described the FTA as a “very substantial” deal rather than an “empty shell.”
“We are in the process of what we call technically, of the legal scrubbing, and to close the process of before the official signing and the entry into force. I think what I’ve noticed with during the summit is that both sides are really committed to have this process concluded as soon as possible, so that the FTA enters into force, possibly this year, which will be another achievement,” the ambassador emphasized.
He listed overlapping economic interests, complementarity, scale, diversification, and de-risking as key drivers.
“From the European side, the EU member states, the Commission, and leadership, and on the Indian side, we saw the same …The India-EU Free Trade Agreement (FTA) is now undergoing “legal scrubbing” and both sides are committed to concluding the process swiftly for its signing and coming into force, possibly this year, EU Ambassador to India Herve Delphin has said.
Speaking to PTI, he described the FTA as a “very substantial” deal rather than an “empty shell.”
“We are in the process of what we call technically, of the legal scrubbing, and to close the process of before the official signing and the entry into force. I think what I’ve noticed with during the summit is that both sides are really committed to have this process concluded as soon as possible, so that the FTA enters into force, possibly this year, which will be another achievement,” the ambassador emphasized.
He listed overlapping economic interests, complementarity, scale, diversification, and de-risking as key drivers.
“From the European side, the EU member states, the Commission, and leadership, and on the Indian side, we saw the same … Latest News [ SOBAN NEWS: International and National ]