French President Macron’s Visit May Give Push To India-EU Trade Deal Talks: GTRI

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PTI

French President Emmanuel Macron’s visit here as the chief guest for the Republic Day celebrations is likely to give a fillip to the ongoing talks for a comprehensive trade agreement between India and EU, economic think tank GTRI said on Wednesday. France is a key member of the 27-nation bloc European Union (EU).

In June 2022, India and the EU restarted the negotiations for the long-pending trade and investment agreement, after a gap of over eight years.The negotiations for the ambitious free-trade agreement (FTA) were suspended in 2013 after several rounds of talks spanning six years.

The Global Trade Research Initiative (GTRI) said that Mr. Macron’s visit is expected to provide an impetus to various domains of mutual interest, ranging from defence cooperation to economic ties, and from energy collaboration to space and nuclear partnerships. The discussions will likely pave the way for new agreements and deepen existing cooperation, reflecting the dynamic and evolving nature of the India-France strategic partnership, it said.

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