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EFTA And India Continue Free Trade Talks

by Ulrika Lomas, Tax-News.com, Brussels

28 September 2017


Delegations from the European Free Trade Association (EFTA) and India met for the 17th round of negotiations on a Trade and Economic Partnership Agreement from September 18 to 21, 2017, in Delhi, India.

According to EFTA (comprising Iceland, Liechtenstein, Norway, and Switzerland), expert working groups convened to continue discussions in the areas of trade in goods, rules of origin, trade in services, and intellectual property rights.

Work on other topics foreseen to be covered by the agreement had already been provisionally concluded in earlier stages of the negotiations, EFTA said.

Total bilateral trade between the EFTA states and India stood at more than USD4.4bn in 2014. India's main exports to EFTA include organic chemicals, precious stones and metals, and apparel. EFTA's principle exports to India consist of machinery, pharmaceutical products, and aircraft and spacecraft.

The next round of negotiations is scheduled to take place in February 2018.

TAGS: free trade agreement (FTA) | Iceland | India | intellectual property | Liechtenstein | Norway | agreements | Switzerland | trade | services | Europe | Work

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