India seeks tariff, non-tariff barrier reduction in EU deal

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India Business News: NEW DELHI: India has pitched for easing of mobility rules in the European Union under the proposed trade deal, while also seeking lowering of non-tari.

While the EU is seeking "higher ambition" on tariff cuts, govt is unlikely to offer dairy and agriculture, given that Brussels too has sensitivities in the sector.

Given that India and EU revived FTA talks around two years ago, the two sides assessed the progress after nine rounds and with some broad understanding of positions, the next dialogue is expected before March.

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Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaBangladeshCanadaChinaGermanyMexicoNorwayPakistanSwitzerland

Topics: India EU trade deal India services trade package Business news Tariff reduction India EU EU trade negotiations 2023 Non-tariff barriers India

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 09:50:06 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 753 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 31 words per sentence (average)

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Copyright Owner: © Times of India

News ID: 23900193

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