India on verge of inking FTA with EU as 7th round of talks underway; bloc has combined GDP of $16.6 tn

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India-EU FTA seventh round talks is expected to focus on services and investments, building on earlier talks that covered goods and public procurement India is on the verge of finalising the free trade agreement (FTA) with the European Union (EU) which is currently the world’s third-largest economy by gross domestic product (GDP), standing at $16.6 trillion, after only the US and China. India-EU 7th round of negotiations on FTA is underway in New Delhi. A 15-member team from the EU is in the national capital till Feb. 23 for deliberations. Advertisement Along with FTA talks, India-EU will also discuss an...