India, EU must seal FTA to boost trade and investment ties amid US tariff hike: EU envoy

New Delhi, Oct 4 European Union's Ambassador to India, Herve Delphin, said on Saturday that India and the EU should use the free trade agreement (FTA) to increase bilateral trade and investment at a time when "some countries" are raising tariffs or otherwise closing their markets, in an oblique reference to the US. Addressing the second annual general meeting of the Federation of European Business in India (FEBI) here, the Ambassador said, "The FTA can open new opportunities for EU and Indian businesses and create conditions to significantly increase our bilateral trade and investment. While some countries are raising tariffs…