Shri Piyush Goyal & Mr. Valdis Dombrovskis, Executive Vice-President of the European Commission also announce the launch of negotiations for an Investment Protection Agreement and a GI Agreement at a joint event at the EU headquarters at Brussels
The first round of negotiations to begin on 27th June in New Delhi
Among the most significant FTAs for India as EU is its 2nd largest trading partner, India-EU merchandise trade registered an all-time high value of USD 116.36 Billion in 2021-22 with a year-on growth of 43.5%