India in talks with EU for trade deal, open to pact with UK
11 Jul 2020 / 23:16 H.
NEW DELHI, July 11 (Reuters) - India has started trade talks with the European Union (EU) and is open to dialogue with the United Kingdom for a free trade agreement, the trade minister said on Saturday.
Piyush Goyal said that Asia's third largest economy is open to engage with the U.K. for a preferential trade agreement with the ultimate goal of a free trade agreement between the countries.
He said that he is also in dialogue with the European Union's trade commissioner for a deal that could start with a preferential trade agreement. He added that the ultimate goal here too would be to have a free trade agreement.
India currently has no trade deal with the EU. Trade talks between the two regions stalled in 2013. (Reporting by Aftab Ahmed; Editing by Andrew Cawthorne and Christina Fincher)
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