Goyal, Šefčovič Drive India-EU FTA Talks, Eye Early Conclusion

• India and the EU are actively working to conclude a Free Trade Agreement (FTA).
• India's Commerce Minister Piyush Goyal and EU Commissioner Maroš Šefčovič held discussions to guide FTA negotiations.
• Both sides reaffirmed strong political resolve to achieve a fair, balanced, and ambitious agreement.
• 14 rounds of negotiations are complete, with the current phase termed "FTA negotiation 2.0."
• The EU is India's largest trading partner; India seeks market access for exports, EU for autos and liquor.

Why It Matters: The India-EU FTA is crucial for future economic growth and trade relations.