3rd India-EU High Level Dialogue on Trade and Investment held

3rd India-EU High Level Dialogue on Trade and Investment held

• The 3rd High Level Dialogue (HLD), co-chaired by the Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles Shri PiyushGoyaland the European Commission Executive Vice-Presidentfor an Economy that Works for People& Trade Commissioner Mr. Valdis Dombrovskis, was held on 26thAugust, 2023.
• The HLD is an outcome of the decision taken at the 15th India-EU Leader’s Summit held in July 2020, with an objective for a Ministerial level guidance towards the bilateral trade and investment relations.
• During the discussion, in the HLD, the Ministers took stock of ongoing three negotiations between India and EU i.e. India-EU Free Trade Agreement; a standalone Investment Protection Agreement; and a Geographical Indications Agreement. The Ministers acknowledged that both sides have made good progress inthe ongoing three negotiations.
• The Ministers broadly discussed about the market access issue of both sides and review the progress made so far under the India-EU Trade and Technology Council. The upcoming MC-13 matters were also briefly discussed during the meeting.

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Published date : 28 Aug 2023 04:12PM