India, EU Signal Strong Resolve to Expedite FTA Talks

• India and EU show strong political resolve to address pending issues in their Free Trade Agreement (FTA).
• Commerce Minister Piyush Goyal and EU Commissioner Maroš Šefčovič met (Dec 8-9) to expedite FTA talks.
• Both parties aim for an early conclusion of a comprehensive, mutually beneficial, and rules-based FTA.
• Discussions covered key chapters including Market Access for Goods, Rules of Origin, Services, and Technical Barriers to Trade.
• 10 of 20+ chapters are closed, with sensitive areas like automobiles and steel still needing resolution.

Why It Matters: Accelerated India-EU FTA talks could bring new trade and economic opportunities.