There is a significant progress in the negotiations for the proposed free trade agreement (FTA) between India and European Union (EU), an official said on Thursday.

Significant progress has been reported in the ongoing negotiations for a proposed free trade agreement between India and the European Union. Indian Commerce Minister Piyush Goyal recently met with EU Trade Commissioner Maros Sefcovic to review progress.

As the Commission struggles to find new outlets for its exports, the question of whether this will be enough in the face of the tariffs Donald Trump is threatening to impose remains open. View on euro

We look at India and Romania's economic ties that are advancing in areas such as trade, defense, agriculture, space exploration, and energy.

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During the meeting between Goyal and Sefcovic, the two sides agreed to build a commercially meaningful trade agenda and work towards a mutually beneficial trade pact.

The dialogue signals a renewed push to advance negotiations on the India-EU FTA, a pact that has faced hurdles over the years due to differences on issues such as market access, tariff reductions and regulatory alignment.

Piyush Goyal has always reiterated the importance of mutual respect and sensitivity in FTA negotiations for both India and EU.

Von der Leyen’s announcement followed on the heels of a positive visit to Belgium by Indian Commerce Minister Piyush Goyal, during which he met European Trade Commissioner Maroš Šefčovič. The next round of talks on a free-trade agreement has been set for March 10-14 in Brussels.

IEA predicts India's LNG imports to decline in 2025 due to competition and EU market return, impacting global dynamics.

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Piyush Goyal stressed the importance of better branding for GI products and called for collaborations with the Food Safety and Standards Authority of India (FSSAI) and the Bureau of Indian Standards (BIS) to improve quality and tackle the issue of counterfeit products.